Doha – Mubasher: Qatar Stock Exchange’s (QSE) main index moved back to the negative zone, after closing Monday with a loss of 0.46% or about 50 points to 10,810.37 points, amid mixed performance of its sectors.
The bourse shut Sunday 0.28% or 29 points higher at 10,860.28 points
QE Al Rayan Islamic Index slipped by 0.16% after reaching the level 4,061.33 points. The All Share Index plummeted by 0.48% to 2,882.63 points.
Trading volume closed at about 5.76 million shares exchanged through executing 3214 trades, making a trading value of QAR 224.47 million.
“The bourse’s main index was negatively affected by the fall of real estate, insurance and banking sectors, to stay at the level of 10,810 points,” Ayoub Eshban, financial analyst and economic advisor told Mubasher.
“Support levels averaged today between 10,750 and 10,800 points, while the resistance levels stood at 10,850, 10,900 and 10,950 points,” he explained.
QE telecom sector was the top riser with a 1.01% increase, while the insurance was the lowest sector with a drop of 4.31%.
Out of the 36 companies traded today, 20 ended with high trend, 14 others slipped, and the two remaining were flat.
Dlala Holding was the strongest share with a rise of 1.94%, while Qatar Insurance share was the weakest with a fall of 5.01%.
Nakilat, which rose 1.24%, had the best trading volume and value activities, with a volume of 1.56 million shares, and a turnover of QAR 38 million.
