QSE adds 119 pts at Monday’s close

QSE adds 119 pts at Monday’s close
The general index rose 119.19 points, or 1.22%, to finish at 9,889.62 points.

Mubasher: The Qatar stock exchange (QSE) ended Monday’s trading session in positive territory, encouraged by a massive growth of all sectors.

The general index rose 119.19 points, or 1.22%, to finish at 9,889.62 points.

The bourse’s liquidity hiked to QAR 200.7 million on Monday from QAR 98.2 million on Sunday, while the trading volume increased to 5.9 million shares against 3.4 million in the previous session.

The industrial sector topped the QSE’s risers adding 1.60% as Qatar Industrial Manufacturing levelled up 2.50%.

Similarly, the banking sector went up 1.39% on the back of the heavyweight Qatar National Bank’s (QNB) 1.72% increase, while the real estate sector advanced 1.19% after United Development Company jumped 2.10%.

By the end of the session, QNB’s stock led the QSE in terms of liquidity with a turnover of QAR 39.4 million, while Qatari Investors Company’s stock spearheaded the market in terms of trading volume with 1.3 million shares.