Doha – Mubasher: The main index of the Qatar Stock Exchange (QSE) closed Wednesday in the red zone after decreasing 1.04% or 93.88 points to reach 8,965.01 points.
The consumer goods and services sector declined 3.85% as Medicare Group slid 8.08%, followed by Qatar Fuel (Woqod) with 4.81%, and Zad Holding Group with 2.6%.
The banks sector lost 1.99% after Qatar Islamic Bank, Islamic Holding Group, and Masraf Al Rayan tumbled 8.15%, 2.63%, and 2.5%, respectively.
The industrials sector shed 0.81% as Qatari Investors Group retreated 3.61% and Gulf International Services went down 3%.
On the other hand, the insurance sector rose 2.36% and the transportation sector grew 0.55%.
Traded volume dropped to 20.92 million shares on Wednesday against 26.86 million shares on Tuesday, while trading volume slid to QAR 493.43 million from QAR 792.48 million.
Qatar First Bank’s (QFB) stock was the most active in terms of traded volume with 7.23 million shares exchanged, while Qatar National Bank’s (QNB) stock led in terms of trading value with a turnover of QAR 91.31 million.
