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QSE gains 40 pts at Thursday’s close

QSE gains 40 pts at Thursday’s close
The general index rose 40.67 points, or 0.46%, to finish at 8,922.52 points.

Mubasher: The Qatar stock exchange (QSE) ended Thursday’s trading session in green territory, encouraged by the growth of five sectors, amid thin trades.

The general index rose 40.67 points, or 0.46%, to finish at 8,922.52 points.

By the end of the last session this week, the QSE’s liquidity decreased to QAR 205.15 million from QAR 393.9 million on Wednesday, while the trading volume went down to 4.97 million shares against 7.55 million in the previous session.

The industrial sector topped the QSE’s gainers adding 0.98% as Industries Qatar rose 1.81%.

Similarly, the banking sector levelled up 0.30%, boosted by Masraf Al Rayan which jumped 1.91%.

On the other hand, the real estate sector topped the bourse’s decliners falling 1.81% as Ezdan Holding Group went down 2.41%, while the goods and services sector inched down 0.02% as Al Mannai and Zad Holding Company retreated 2.96% and 1.28%, respectively.

By the end of the session, Qatar Gas Transport’s (Nakilat) stock, which decreased 0.13%, led the QSE in terms of trading volume with 576,010 shares, while the heavyweight Qatar National Bank’s (QNB) stock, which grew 0.40%, headed the market in terms of liquidity with QAR 79.96 million.