QSE index, European stocks open lower
<p>Doha, Qatar: The Qatar Stock Exchange (QSE) Index opened Thursday's trading session down 6.06 points, or 0.07%, to reach 9238 points, weighed by losses across four sectors.</p> <p>QSE data showed a positive performance for Telecoms (+0.58%), Real Estate (+0.43%), and Consumer Goods and Services (+0.42%).</p> <p>Meanwhile, performance was negative for Transport (-0.07%), Banks and Financial…
Doha, Qatar - The Qatar Stock Exchange (QSE) Index started Thursday's trading session lower, dropping 6.06 points, or 0.07%, to finish at 9238 points. This decline was driven by losses in four different sectors of the market.
The telecoms sector saw a gain of 0.58%, while real estate and consumer goods and services each increased by 0.43%. However, transport stocks fell by 0.07%, banks and financial services dropped 0.18%, and industrials and insurance suffered losses of 0.33% and 0.85% respectively.
As of 10am, the QSE had seen trading volumes amounting to QR 50.351 million, with 24,585 million shares traded through 3140 transactions. Meanwhile, European stock indices also opened in the red on Thursday. France's CAC 40 index on the Paris Stock Exchange fell by 0.56%, Germany's DAX index on the Frankfurt Stock Exchange declined by 0.48%, while the UK's FTSE 100 index in London slipped by 1.10%. Italy's MIB index on the Milan Stock Exchange also ended the day down by 0.49%.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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