Doha – Mubasher: The Qatar Stock Exchange’s main index turned to loss on Sunday, snapping a two-day gaining run, as it closed with a fall of 0.22% or about 24 points to 10,836.19 points.
QE Al Rayan Islamic Index plummeted by 0.41% to 4,072.06 points, and the All Shares Index slipped by 0.24% to 2,888.28 points.
Trading volume came to about 3.86 million shares exchanged in 1,743 trades worth about QAR 142.78 million.
“Today’s support levels were 10.750 and 10,800 points, while the resistance levels stood at 10,900, 10,950 and 11,000 points,” Ayoub Eshban, financial analyst and economic advisor, explained to Mubasher.
QSE sectors shrank semi-collectively, headed by insurance with a fall of 0.74%, then transportation which decreased by 0.40%.
Out of the 40 stocks traded today, losers led gainers 23 to 11, with six counters unchanged.
Qatar National Bank rose 3.52% to end in lead, while Widam Food share was the biggest drag with a fall of 2.9%.
Qatar Gas Transport Limited prevailed in terms of volume and value figures, with 1.6 million shares being traded and liquidity of more than QAR 39 million.
QSE benchmark index closed Thursday with a surge of 0.30% or 32 points to the level of 10,860.18 points.
