The Qatar Stock Exchange started trading on Wednesday lower, with 5 sectors under pressure.
At 9:30 am Qatar time, the general index fell by 0.57% to reach 9445.48, losing 53.95 points from yesterday’s level, Tuesday.
The trading value at that time amounted to 4.89 million riyals, distributed among 2.78 million shares, with 221 transactions executed.
The session was affected by a decline in 5 sectors, led by insurance by 1.21%, while the consumer goods and services sectors rose by 0.79% and real estate by 0.25%.
Trading witnessed a decline of 17 stocks, led by Al Salam, by 4.76%, coinciding with the announcement of Al Salam International Investment Company Limited that its profits in the third quarter of 2023 increased by 75.26% annually, while the price of 18 shares, led by Al Salam, rose by 3.18%, and the price of two shares stabilized.
The share of Industries Qatar, which fell by 1.16%, came at the top of the liquidity activity with a value of 2.55 million riyals, after the company announced the financial results for the third quarter of 2023, while Al-Ijarah issued quantities with 1.29 million shares, an increase of 1.06%.
