Doha – Mubasher: Qatar Stock Exchange’s (QSE) main index continued its sharp falls on Wednesday, as it closed declining with a decline of 0.77% or about 77.67 points to the level of 10,018.84 points.
Al Rayan Islamic Index also plummeted 1.17% to 3,696.24 points, and the All Shares Index decreased 0.83% to 2,669.84 points.
Trading volume reached about 8.90 million shares worth around QAR 391.10 million through 5,016 trades.
“Today’s support levels were 9,500 and 10,000 points and the resistances were 10,00, 10,200 and 10,250 points, according to market expert Ayoub Eshban.
QSE’s dropped semi-collectively, led by transportation with 4.47% lower, while the banking sector came alone in the green list with a rise of 1.48%.
Nine shares, out of 43 companies, closed higher, while 30 others shrank, and the four left were flat.
Qatar General Insurance and Reinsurance Company was the top performer with a rise of 7.74%, and Islamic Holding Group was the weakest after declining 8.60%.
Rayan Bankthe most actives in terms of volume and value , as 1.7 million shares were traded with turnover of near QAR 63 million.
QSE benchmark index closed Tuesday’s trading with a fall of 3.09% or about 322 points, reaching the level of 10,096.51 points.
