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QSE opens Wednesday in red

QSE opens Wednesday in red
The real estate sector topped the QSE’s losers falling 0.61%

Mubasher: The Qatar Stock Exchange (QSE) started Wednesday’s trading session in red territory, dragged by the fall of four sectors.

By 10:10 am Qatar time, the general index went down 0.08% to 9630.71 points, shedding 7.89 points.

Turnover amounted to QAR 26.9 million after 382,800 shares were exchanged through 445 transactions.

The real estate sector topped the QSE’s losers falling 0.61% as Ezdan Holding Group and Barwa Real Estate declined 0.93% and 0.25%, respectively.

Similarly, the banking sector went down 0.17%, pressured by Qatar International Islamic Bank (QIIK) which dropped 1.09%.

Meanwhile, the industrial sector headed the bourse’s gainers adding 0.44%, followed by the insurance sector with 0.04%.

The heavyweight Qatar National Bank’s (QNB) stock led the market in terms of trading volume with 95,500 shares, generating QAR 15.6 million in liquidity.