Qatar bourse ended on a down note, boosted by blue chips in transport and banking sectors. Qatar All Share Index declined 0.05% to 12954.93 pts, to snap seven session uptrend, losing 6.6 pts.
Transport was the top decliner, losing 0.84%, as Gulf Warehousing fell 1.6%, and Nakilat (1.4%).
Ihab Rashad, CEO at Mubasher Brokerage, expected selling operations to continue over the coming sessions.
Banking index fell 0.42%, as Qatar International retreated 2.5%. Telecommunication sector declined 0.23% as Vodafone Qatar retreated 1.3%.
A total of 30.19 million shares changed hands, at a total value of QAR 1.19 billion.
The decline in liquidity is a normal matter after it reached historical levels during the previous sessions.
Qatar International was the worst performer, felling 2.5% to QAR 85.8.
Transport was the top decliner, losing 0.84%, as Gulf Warehousing fell 1.6%, and Nakilat (1.4%).
Ihab Rashad, CEO at Mubasher Brokerage, expected selling operations to continue over the coming sessions.
Banking index fell 0.42%, as Qatar International retreated 2.5%. Telecommunication sector declined 0.23% as Vodafone Qatar retreated 1.3%.
A total of 30.19 million shares changed hands, at a total value of QAR 1.19 billion.
The decline in liquidity is a normal matter after it reached historical levels during the previous sessions.
Qatar International was the worst performer, felling 2.5% to QAR 85.8.
Source:
Mubasher
