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QSE ends Tuesday down amid thin trade

QSE ends Tuesday down amid thin trade
The general index inched down 8.13 points, or 0.09%, to 9,098.64 points.

Mubasher: The Qatar stock exchange (QSE) ended Tuesday in the red, dragged down by the fall of three sectors amid thin trade.

The general index inched down 8.13 points, or 0.09%, to 9,098.64 points.

By the end of the session, the bourse's market capitalisation levelled up 0.14% to QAR 489.2 billion from QAR 488.5 billion on Monday.

The QSE’s liquidity decreased to QAR 119.34 million on Tuesday from QAR 200.34 million on Monday, while the trading volume went down to 4.55 million shares against 8.75 million in the previous session.

The goods and services sector topped the QSE’s losers falling 0.29% after Widam Food Company slid 7.99%, while the banking sector inched down 0.08% as Qatar National Bank (QNB) dropped 0.24%.

On the other hand, the real estate sector led the market’s four gainers adding 1.12% as Ezdan Holding Group went up 2.91%.

The industrial sector inched up 0.02% as Aamal Company and Qatar Electricity and Water Company added 2.29% and 0.44%, respectively.

Aamal’s stock spearheaded the bourse in terms of trading volume with 627,900 shares, while Barwa Real Estate’s stock, which went down 1.58%, led the market in terms of liquidity with QAR 19.5 million.