Thursday, February 7, 2013

QE Index Declines Slightly in the Early Trade


The QE Index bucked the positive trend of last couple of day and slipped into the red territory during the first couple of hours trading on Thursday 7th Feb 2013. The index trimming 0.16 percent reached at 8,755.11.
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The market breadth was negative with 22 stocks witnessing decline against 14 advancing stocks.
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Transportation, Real Estate, Insurance and Banks and Financial Services sectors moved down by 0.79 percent, 0.72 percent, 0.65 percent and 0.26 percent respectively .
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Telecom sector advanced slightly to 0.37 percent during this time span.
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QE Total Volume set sold more than 4 million shares.
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Read more: http://www.gulfbase.com/news/qe-index-declines-slightly-in-the-early-trade/228681

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