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Tribune News Network
Doha
Qatari stocks recovered quickly from the downturn witnessed in the previous trading session triggered by the global markets slump. The Qatar Stock Exchange (QSE) index gained 76.93 points, or 0.79 percent, to close at 9,841.32 points on Tuesday.
The volume of shares traded decreased to 320.654 million from 517.707 million on Monday and the value of shares decreased to QR543.622 million from QR922.1 million in the previous trading session. Indices of six sectors ended in the green zone, while one sector closed in the red.
The QSE Total Return Index gained 0.79 percent to close at 18,919.60 points. QSE Al Rayan Islamic Index increased 1.60 percent to close at 4,147.64 points. QSE All Share Index up 0.74 percent to close at 3,039.09 points.
Property shares boosted Qatar’s benchmark led by a 10 percent surge in United Development Company (UDC) and a 3.7 percent rise in Barwa Real Estate Company.
Gulf Warehousing Company (GWC) jumped 6.4 percent after the firm was approved as first regional supporter and official logistics provider for FIFA World Cup Qatar 2022.
Doha
Qatari stocks recovered quickly from the downturn witnessed in the previous trading session triggered by the global markets slump. The Qatar Stock Exchange (QSE) index gained 76.93 points, or 0.79 percent, to close at 9,841.32 points on Tuesday.
The volume of shares traded decreased to 320.654 million from 517.707 million on Monday and the value of shares decreased to QR543.622 million from QR922.1 million in the previous trading session. Indices of six sectors ended in the green zone, while one sector closed in the red.
The QSE Total Return Index gained 0.79 percent to close at 18,919.60 points. QSE Al Rayan Islamic Index increased 1.60 percent to close at 4,147.64 points. QSE All Share Index up 0.74 percent to close at 3,039.09 points.
Property shares boosted Qatar’s benchmark led by a 10 percent surge in United Development Company (UDC) and a 3.7 percent rise in Barwa Real Estate Company.
Gulf Warehousing Company (GWC) jumped 6.4 percent after the firm was approved as first regional supporter and official logistics provider for FIFA World Cup Qatar 2022.
