Mubasher: The Qatar Stock Exchange (QSE) ended Sunday’s trading session in the green, encouraged by the growth of the real estate sector amid low liquidity.
The general index added 1.4%, or 120.5 points, to 8,751.2 points.
The QSE’s liquidity slid 14% to QAR 203.52 million on Sunday from QAR 236.61 million on Thursday, while the trading volume decreased 8.6% to 7.96 million shares versus 8.71 million shares in the previous session.
The real estate sector topped the gainers adding 2.4% after Barwa Real Estate went up 2.9%, followed by Ezdan Holding Company and United Development Company which grew 2.5% and 1.09%, respectively, meanwhile Mazaya Qatar Real Estate Development declined 0.77%.
Similarly, the banking sector jumped 1.6% on the back of Masraf Al Rayan’s 4.3% increase.
Meanwhile, the insurance sector was the only decliner losing 1.13% after Doha Insurance Group dropped 3.3%.
Mannai’s stock led the QSE’s risers adding 8.8%, while Al Ahli’s stock topped the losers sliding 10%.
Barwa Real Estate spearheaded the QSE’s liquidity with QAR 28.37 million, while Investment Holding Group, which jumped 2%, led the bourse in terms of trading volume with 865,560 shares.