Doha - Mubasher: The Qatar Stock Exchange’s main index ended November with severe loss on Monday, as it closed lower around 462.65 points or 4.38%, reaching the level of 10,090.81 points.
QE Al Rayan Islamic Index plummeted by 3.78% to 3,799.88 points. All Share Index also fell 4.16% to 2,698.51 points.
Trading volume reached about 34.58 million shares exchanged through executing 8,005 trades, notable rise when compared to 2.65 million shares exchanged on Sunday.
Trading value also rose to about QAR 1,180 billion, versus QAR 109.93 million yesterday.
“Support levels today were 10,000 and 9,500 points, while the resistances ranged between 10,100 and 10,200 points,” financial analyst and economic advisor Ayoub Eshban told Mubasher.
QSE sectors closed lower semi-collectively, headed by real estate with 6.84% loss, while the transportation sector came alone on the green list.
Out of 42 companies, seven shares closed higher, 32 others moved down, and the two remaining were flat.
Doha Bank was the best performer by the end of the session, as it advanced 7.69%, while Al Khalij Commercial Bank was the top loser with a 10% decrease.
Nakilat share was on top in terms of trading value and volume, with a liquidity of about QAR 486 million and 19.89 million shares traded.
QSE main index closed Sunday with a rise of 0.30% or about 31.25 points to 10,553.46 points.
