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Tribune News Network
Doha
The Qatar Stock Exchange (QSE) on Wednesday hit an all-time high since August 2017, encouraged by impressive annual results announced by listed companies.
The general index increased 103.99 points or 1.12 percent to 9,358.60 points.
The QSE's liquidity rose to QR419.44 million from QR310.77 million, while the trading volume increased to 15.16 million shares from 11.72 million in the previous session.
The goods and services sector topped the market's five gainers adding 2.88 percent after Mannai Corporation increased 5.51 percent.
Similarly, the banking sector went up by 0.92 percent as Qatar Oman Investment rose 6.61 percent, while the industrial sector levelled up to 0.69 percent after Gulf International added 2.68 percent.
Meanwhile, the insurance sector topped the bourse's two losers with 1.18 percent, dragged by Qatar Insurance's 1.65 percent drop.
The telecommunications sector decreased by 0.75 percent as Ooredoo lost 1.47 percent.
Qatar First Bank, which declined 5 percent, led the QSE in terms of trading volume with 3.7 million shares. Doha Bank, which rose 4.24 percent, topped the market in terms of liquidity with QR 42.5 million.
