Doha – Mubasher: The Qatari market’s main index continued its fall after closing Tuesday with a decline of 0.60% or about 63.9 points, to the level of 10,611.80 points.
QE Al Rayan Islamic Index closed trading at 3,985.17 points with a loss of 0.64%, while the All Shares index dropped by 0.61% to 2,831.48 points.
Trading volume reached about 5.596 shares reached through executing 4,383 trades, with a trading value of QAR 229.18 million.
“Today’s support levels were 10,550 and 10,600 points, while the resistances were 10,750, 10,900 and 10,950 points,” Ayoub Eshban, financial analyst and economic advisor , told Mubasher.
The Qatar Stock Exchange’s (QSE) sectors plummeted semi-collectively, led by banks with a decrease of 1.13%, while the insurance topped the risers with a 2.18% increase.
Forty shares were traded on Tuesday, but only nine closed higher, 29 others slipped down, and the two left steadied at the same rates.
Qatar Insurance was the strongest stock with a growth of 2.62%, while Gulf International was the weakest share with a fall of 4.04%.
Qatar Gas Transport Limited led in volume with about 1.15 million shares, while Gulf International recorded the day’s largest turnover as it totalled more than QAR 29 million.
QSE main index closed Monday with a fall of 1.48% or about 160.5 points, reaching the level of 10,675.74 points.
