Doha – Mubasher: The main index of Qatar Stock Exchange (QSE) fell 6.36% or 647.41 point in May, reaching the level of 9,538.77 points.
Al Rayan Islamic Index and the All Share Index also shrank by 5.77% and 5.89% respectively.
The index was pressured by the drop in 4 blue chips; QNB (-7.29%), Industries Qatar (-8.57%), Ezdan Holding (-8.1%) and Masraf Al Rayan (-3.95%).
The bourse’s sectors fall collectively during the month, topped by the telecom, real estate, insurance and industrial sectors as they decreased by 10.45%, 8.41%, 7.65% and 5.55% respectively.
Trading volume reached 163.46 million shares exchanged at QAR 5.47 billion, compared to 216.74 million shares exchanged in April at QAR 7.25 billion.
The newly-listed Qatar First Bank (QFB) was the worst performing stock after falling 13.45%.
Meanwhile, Medicare Group topped gainers by adding 10.03%, followed by Gulf International with a rise of 8.49%.
Gulf International made the highest liquidity of QAR 664.78 million.
The index declined in April by 1.83% or 190.02 points to the level of 10,186.18 points.
Translated by: Elwy el-Manzalawy
