Mubasher: The Qatar stock exchange (QSE) closed Sunday in negative territory, dragged down by the fall of the real estate and transportation sectors, coinciding with a thin liquidity.
The general index inched down 11.1 points, or 0.13%, to finish the first session of this week at 8,781.83 points.
The bourse's liquidity slid 65.5% to QAR 99.26 million on Sunday from QAR 287.55 million on Thursday, while the trading volume retreated 61% to 4.45 million shares against 11.42 million in the previous session.
The real estate sector topped the QSE’s losers falling 0.5% as Mazaya Real Estate Development Company declined 1.4%.
Similarly, the transportation sector levelled down 0.3%, pressured by Qatar Navigation and Qatar Gas Transport which went down 0.6% and 0.33%, respectively.
Meanwhile, the telecommunication sector topped the market’s gainer adding 1% as Ooredoo and Vodafone Qatar went up 1.04% and 0.97%, respectively.
Qatar Fuel’s stock, which advanced 0.91%, led the bourse in terms of liquidity with QAR 22 million, while Vodafone Qatar’s stock headed the market in terms of trading volume with 1.74 million shares.
