The Qatar stock exchange (QSE) ended Wednesday in the red, dragged down by the fall of five sectors, amid heavy trade.
The general index inched down 0.21%, or 19.41 points, to 9,158.77 points.
The QSE’s liquidity increased to QAR 346.54 million on Wednesday from QAR 246.67 million on Tuesday, while the trading volume levelled up to 13.73 million shares against 9.34 million in the previous session.
The real estate sector topped the losers falling 2.16% after Mazaya Qatar Real Estate Development declined 3.68%.
Similarly, the banking sector went down 0.32% on the back of Masraf Al Rayan’s 2.66% drop, while the industrial sector inched down 0.09% after Qatar National Cement fell 2.93%.
On the flipside, the goods and services sector topped the gainers adding 1.16% after Medicare Group’s stock surged 7.02%, shrugging off the drop of Zad Holding Company with 4.58%.
The telecommunications sector inched up 0.08% as Ooredoo rose 0.51%.
Qatar First Bank, which jumped 3.31%, spearheaded the QSE’s trading volume with 5.2 million shares, while Qatar National Bank (QNB), which increased 0.74%, topped the bourse in terms of liquidity, generating QAR 52.3 million.