Doha-Mubasher: Qatar Stock Exchange (QSE) erased its early losses to hit its fifth straight rise on Monday, adding 1.98% or 224.06 points to reach 11,563.56 points.

Al Rayan Islamic index gained 1.32% to reach 4,422.32 points, whereas QE All Share index added 1.45% to stand at 3,072.76 points.

The market saw trading of 25.7 million shares through 7,039 transactions, with turnover of QAR 981.5 million.

The real estate sector ended 4.69% stronger to top the gainers, while the transportation sector was the worst performer after falling 1.50%.

The telecom sector rose 1.53%, backed by Ooredoo which added 1.61%.

The real estate sector grew 4.69% due to a7.84% increase in Ezdan Holding Group.

The banking and financial services sector rose 0.68% as Commercial Bank of Qatar levelled up 3.99%.

Ezdan Holding Group edged higher 7.48% to come on top of the rising stock, while Qatar for Cinema and Film Distribution was the worst performer as it went down 6.43%.

Ezdan was the most active company with trading volume reaching 10.6 million shares, while Gulf International Services was the value leader, upon generating QAR 380 million.