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QSE falls on Ezdan, QIB at open

QSE falls on Ezdan, QIB at open
The real estate sector led losers by 10:00am Qatar time (Photo Credit: Arabianeye-Reuters)

Doha-Mubasher: Qatar Stock Exchange (QSE) saw a bearish performance in Sunday’s early trades, pressured by the negative performance of the blue chips led by Ezdan Holding Group and Qatar Islamic Bank (QIB).

The general index fell 0.42% or 41.49 points to reach 9,750.16 points by 10:00am Qatar time.

Ezdan retreated 1.46%, followed by QIB and Ooredoo slid 1.4% and 0.1%, respectively.

The real estate sector led losers after declining 1.17%, followed by consumer goods and services, and transportation sectors at 0.47% and 0.31%, respectively.

The industrials sector was the best performer with a marginal rise of around 0.03%.

Turnover reached QAR 7 billion after trading 383,070 shares through 242 transactions.