Mubasher: The main index of the Qatar Stock Exchange (QSE) closed Tuesday in the red zone after decreasing 1.05% or 83.93 points reaching 7,930.78 points, registering its lowest level since March 2011, or in 6.8 years approximately.
The QSE’s market capitalisation tumbled 1.2% or QAR 5.3 billion to reach QAR 429.3 billion on Tuesday, against QAR 434.6 billion on Monday.
The consumer goods and services sector fell 3.86% as Mannai Corporation’s stock levelled down 10%, while the industrials sector dropped 1.90% after Industries Qatar’s stock inched down 0.01%.
The banks sector shed 0.61% as Islamic Holding Group’s stock slumped 9.97%, whereas the stock of Qatar National Bank (QNB) edged up 0.42%.
The QSE’s trading volume reached 8.54 million shares on Tuesday, against 9.35 million shares on Monday, while liquidity retreated to QAR 273.04 million, from QAR 999.9 million.
Investment Holding Group’s stock (IHG) led in terms of traded volume after 853,700 shares were exchanged, despite decreasing 7.06%, while QNB’s stock topped in terms of trading value with a turnover of QAR 9.75 million.
