Mubasher: The Qatar Stock Exchange (QSE) started Wednesday’s trading session down, dragged by the drop of two sectors.

The Qatari bourse resumed working after Eid al Fitr holiday, which started Sunday, 17 June until Tuesday, 19 June.

By 09:45 am Qatar time, the general index fell 89.11 points, or 1 %, to 9,008.80 points.

The bourse's turnover amounted to QAR 74.3 million after 1.1 million shares were exchanged through 563 transactions.

The banking sector topped the QSE’s losers falling 2.15% as the Commercial Bank of Qatar (CBQ) and Qatar National Bank (QNB) went down 5.55% and 2.14%, respectively.

Similarly, the transportation sector declined 1.06%, pressured by Qatar Gas Transport which dropped 1.78%.

Meanwhile, the goods sector headed the bourse’s five risers adding 1.31% on the back of Qatar Fuel’s 2.44% increase, while the real estate sector went up 1.07% as Ezdan Holding Group and United Development levelled up 1.65% and 0.93%, respectively.

QNB’s stock led the QSE in terms of trading volume with 393,500 shares, generating QAR 61.5 million in liquidity.

Source: Mubasher Exclusive

All Rights Reserved - Mubasher Info © 2005 - 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.