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Qatari bourse loses 41.5 pts at close

Qatari bourse loses 41.5 pts at close
The Qatar Stock Exchange (Photo credit: Arabianeye - Reuters)

Doha – Mubasher: The Qatar Stock Exchange (QSE) closed Wednesday’s trading in red as its benchmark index declined by 0.4% or 41.50 points to the level of 10,362.69 points.

Trading volume increased by 92.7% to 9.29 million shares from 3.27 million shares exchanged on Tuesday, turnover also rose 34.2% to QAR 186.07 million from QAR 138.64 million.

The real estate sector shrank 1.12% as Ezdan declined 1.31%, the industrial sector slid 0.58% due to a 3.62% fall in Industries Qatar.

The banking sector closed 0.13% down as Islamic Holding and Qatar First Bank fell by 2.14% and 0.86% respectively.

On the other hand, the insurance sector rose 0.73% and the telecom sector was flat.

Qatari Investors led the green list by adding 9.9%, while Medicare Group topped decliners with a fall of 4.55%.

Vodafone Qatar was the largest-traded stock with a volume of 2.45 million shares, while Qatari Investors made the highest liquidity of QAR 32.62 million.