Doha – Mubasher: The main index of the Qatar Stock Exchange (QSE) closed on Monday in the red zone after falling 7.27% and exceeding 700 points to reach 9,202.62 points, registering its lowest level since late 2014.
The real estate sector slid 9.91% after Mazaya Qatar retreated 10%, followed by Ezdan Holding Group with 9.94%, and Barwa with 9.93%.
The transportation sector dropped 9.54% as Qatar Gas Transport Company Ltd (Nakilat) and Gulf Warehousing lost 10%.
The banks sector decreased 6.75%, while the industrials sector declined 8.11% after Aamal’s stock went down 10%.
Trading volume rose to 21.74 million shares on Monday against 19.3 million shares on Sunday, while liquidity soared to QAR 793.14 million from QAR 330.27 million.
Vodafone Qatar’s stock led in terms of traded volume with 2.39 million shares, while Qatar National Bank’s (QNB) stock was the most active in terms of liquidity with a turnover of QAR 151.63 million.
Earlier on Monday, the benchmark index retreated 6.38% or more than 633.08 points to reach 9,290.52 points after Saudi Arabia, Egypt, Bahrain, and the UAE, broke their diplomatic relations with Qatar.
