Mubasher: The Qatar Stock Exchange’s (QSE) general index declined 126.03 points, or 1.26%, to close at 9,884.21 points on Wednesday, its lowest level in six months.
Industries Qatar led falling blue-chip stocks and shed 5.67%, while Qatar Islamic Bank (QIB), Barwa Bank, Masraf Al Rayan, and the heavyweight Qatar National Bank (QNB) retreated 1.33%, 1.07%, 0.57%, 0.33%, respectively.
The goods sector headed decliners with 0.97%, after Salam International Investment tumbled 3.85%, while Qatar for Cinema and Film Distribution grew 3.89%.
Meanwhile, the industrials sector went down 0.56% as Industries Qatar declined 5.67% after its ordinary general meeting (OGM) approved the distribution of QAR 6 per share in cash dividends on Tuesday.
The banking sector fell 0.46% after Qatar Oman Investment tumbled 1.90%.
On the other hand, the real estate sector rose 0.87% as Ezdan Holding Group and Mazaya Qatar Real Estate Development added 2.06% and 0.14%, respectively.
Industries Qatar’s stock spearheaded the QSE in terms of liquidity with QAR 30.7 million, while Mesaieed Petrochemical Holding registered the highest trading volume of 1.3 million shares.
