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QSE opens Wednesday in green

QSE opens Wednesday in green
The industrial sector rose 0.7%

Mubasher: The Qatar Stock Exchange (QSE) started Wednesday’s trading in the green, encouraged by the growth of five sectors led.

By 10:05 am Qatar time, the general index inched up 0.20% to 9,196.94 points, adding 17.32 points.

Turnover amounted to QAR 75.9 million after 1.8 million shares traded through 946 transactions.

The goods and services sector topped the QSE’s gainers adding 1.31% after Medicare Group surged 6.88%.

The industrial sector rose 0.7% as Qatar Electricity and Water Company increased 1.66%.

Similarly, the banking sector levelled up 0.19% on the back of Qatar National Bank’s 0.96 hike, shrugging off Masraf Al Rayan's 2.52% drop. 

Meanwhile, the transportation sector topped losers with 1.58% as Qatar Navigation and Qatar Gas Transport decreased  2.05% and 1.58%, respectively.

The insurance sector fell 1.01%, dragged by Qatar Insurance which fell 1.39%.

Qatar First Bank, which advanced 1.81%, spearheaded the QSE’s trading volume with 350,900 shares, while Medicare Group, which levelled up 5.75%, led the market in terms of liquidity with QAR 20.2 million.