Doha – Mubasher: The Qatar Stock Exchange’s (QSE) main index as it lost 1,513.78 points in November 2015, reaching the level of 10,090.81 points with a drop of 13.04%.
Also, QE Al Rayan Islamic Index plummeted 14.01% to 3,799.88 points and the All Shares Index fell 12.60% to 2,698.51 points.
The market value for shares listed by the end of November dropped 12.40% to about QAR 532.65 million, versus QAR 608.04 million in October, 2015.
The transportation sector headed the month’s risers as it ended 5.77% higher, followed by real estate which dived 4.55%, telecom (-2.53%), services (-1.73%) and industrial (-1.04%)
Meanwhile, the banking sector topped the losers in November after shedding 1.13%, followed by insurance with a 0.27% decrease.
“We saw concentration on specific shares, including blue chips, thus we may witness a repositioning period, financial analyst and economic advisor Ayoub Eshban told Mubasher.
“Despite the sharp fall in the main index on Monday, QSE continues to be the one of the strongest markets in the region and globally,” Eshban said earlier.
Monthly trading value rose to about QAR 6.33 billion through executing 77,300 trades on about 158.41 shares.
November trading saw the majority of shares in red; as 41 were fallers against only one riser while the last counter was left unchanged.
Qatar National Bank came alone in the monthly green list after leaping 5.32%, while Gulf International delivered ended 26.68% down to become the worst stock.
Qatar Gas Transport Company topped both trading volume and trading values with 40.13 million shares worth QAR 985 million.
QSE main index increased in October by 1.22% or 139.37 points to 11,604.59 points.
