Mubasher: The Qatar stock exchange (QSE) closed Monday’s trading session on a positive note, encouraged by the growth of five sectors.

The general index rose 21.38 points, or 0.22%, to finish at 9,651.77 points.

The bourse’s liquidity increased to QAR 241.89 million on Monday from QAR 190.94 million on Sunday, while the trading volume decreased to 8.42 million shares against 8.57million in the previous session.

The industrial sector topped the QSE’s gainers adding 0.80% as Qatar National Cement rose 3.52%.

Similarly, the real estate sector grew 0.64% after Mazaya Real Estate Development and Ezdan Holding Group levelled up 1.84% and 1.26%, respectively.

The banking sector went up 0.52%, boosted by the heavyweight Qatar National Bank’s (QNB) 0.73% jump, hitting the highest price since November 2014 registering QAR 166.

On the flipside, the telecommunication sector headed the bourse’s decliners falling 3.59% as Ooredoo went down 5.02%, while the goods and services sector inched down 0.04% after Medicare Group dropped 2.69%.

By the end of the session, QNB’s stock led the QSE in terms of liquidity with QAR 63.13 million, while Qatar Gas Transport’s (Nakilat) stock, which advanced 2.86%, topped the market in terms of trading volume with 2.07 million shares.

Source: Mubasher Exclusive

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