The Qatar stock exchange (QSE) ended Wednesday with negative performance, dragged down by the fall of three sectors, coinciding with trading decline.
The general index inched down 0.12%, or 12.86 points, to 10,589.98 points.
The QSE’s liquidity decreased to QAR 288.4 million on Wednesday from QAR 373.9 million on Tuesday, while the trading volume went down to 10.02 million shares against 11.43 million in the previous session.
The banking sector topped the QSE’s decliners falling 1.15% as Islamic Holding Group and Qatar National Bank (QNB) retreated 2.84% and 2.51%, respectively.
Similarly, the telecommunication sector went down 0.62% on the back of Ooredoo’s 0.98% drop.
On the other hand, the real estate sector headed the bourse’s five gainers adding 1.49% due to Ezdan Holding Group’s 1.61% increase, while the industrial sector grew 0.89% as Aamal Company jumped 5.34%.
By the end of the session, QNB’s stock led the QSE in terms of liquidity with QAR 45.6 million, while Mazaya Qatar Real Estate’s stock, which advanced 0.62%, spearheaded the market in terms of trading volume with 1.4 million shares.