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QSE down 0.01% at open

QSE down 0.01% at open
Mesaieed Petrochemical Holding was the best performer by 9:50am Qatar time (Photo Credit: Arabianeye-Reuters)

Doha-Mubasher: Qatar Stock Exchange (QSE) saw a bearish performance in Wednesday’s early trades.

The general index lost 0.01% or 1.24 points to reach 9,741.17 points by 9:50am Qatar time.

The market was pressured by the real estate stocks including Ezdan Holding Group and Mazaya Real Estate Development which advanced 0.62% and 0.52% respectively.

Mesaieed Petrochemical Holding was the best performer after rising 1.65% to OMR 18.45, after generating QAR 2.03 million from the exchange of 109,800 shares.

The market saw trading of 457,500 shares through 185 transactions, with a turnover of QAR 17.5 million.

The transportation sector topped gainers after adding 0.63%, followed by the real estate, consumer goods and services, and insurance sectors at 0.41%, 0.34% and 0.02% respectively.

On the flipside, the telecom sector advanced 0.44%, followed by the industrials, and banks and financial services sectors at 0.22% and 0.12% respectively.