Doha – Mubasher: The main index of the Qatar Stock Exchange (QSE) dropped 13.47% or 1,406.32 points to reach 9,030.44 points during the first six months of 2017, compared to 10,436.76 points in the prior-year period.
All sectors tumbled, topped by the transportation sector with a 21.94% decline, followed by the industrial with 15.25%, the real estate with 10.22%, and the banks with 6.03%.
Four leading stocks named Qatar National Bank (QNB), Industries Qatar, Masraf Al Rayan, and Qatar Islamic Bank (QIB) pushed QSE down in during the period from January to June 2017.
Industries Qatar, QNB, Masraf Al Rayan, and QIB fell 16.6%, 14.06%, 9.57%, and 7.6%, respectively.
On a yearly basis, the QSE’s market capitalisation went down 5.46% or QAR 30.77 billion to reach QAR 532.7 billion ($129.3 billion), against QAR 563.47 billion ($140.83 billion), according to statistics compiled by Mubasher.info.
Liquidity increased 8.86% to QAR 39.946 billion by the end of June 2017, compared to QAR 36.7 billion by the end of December in the year before, while trading volume rose 22.13% to 1.33 million shares from 1.09 million shares.
QSE’s liquidity retreated 24.59% to reach QAR 17.17 billion during the second quarter of 2017, compared to QAR 22.77 billion in Q1-17, the statistics showed.
Trading volume shed 0.31% to 661.8 million shares in Q2-17, compared to 663.9 million shares in the previous quarter.
