QSE gains 17 pts, QAR 1.2bn at Tuesday’s close

QSE gains 17 pts, QAR 1.2bn at Tuesday’s close
QSE gains 17 pts, QAR 1.2bn at Tuesday’s close

Mubasher: The Qatar Stock Exchange (QSE) ended Tuesday’s trades in the green zone achieving QAR 1.2 billion in capital gains, led by an increase in five sectors.

The general index rose 0.21% to reach 7,873.84 points, winning 16.85 points.

The QSE market capitalisation increased 0.3% or QAR 1.2 billion reaching QAR 424.5 billion, compared to QAR 423.3 billion on Monday.

Five sectors grew, topped by the industrial sector with 0.43% due to a jump in five stocks led by Industries Qatar, the second heaviest-weighted stock in the general index, with 0.95%.

The banking sector edged up 0.08% on the back of Dlala’s 4.30% gain.

Meanwhile, two sectors fell topped by real estate with 1.20% due to Ezdan’s 2.26% drop, and Mazaya Qatar’s 0.71% loss.

The goods sector declined 0.18% on the back of three stocks, led by Medicare Group with 7.04%.

Liquidity increased to QAR 203.07 million from QAR 167.34 on Monday, while traded volume levelled up to reach 5.70 million shares against 5.46 million in the last session.

Masraf Al Rayan’s stock, down 0.71 %, topped the QSE in terms of traded volume with 678,900 shares traded, while Qatar National Bank (QNB), up 0.09%, topped the list in terms of liquidity with QAR 43.8 million.



Source: Mubasher