Mubasher: The Qatar Stock Exchange (QSE) ended Tuesday’s trading session in red territory, weighed down by three sectors, after closing Monday on historic high levels.
The general index fell 10.38 points, or 0.10%, to finish the mid-week session at 10,264.07 points.
The bourse’s trading volume went down to 7.25 million shares, versus 9 million shares on Monday, while turnover decreased to QAR 198.93 million, comparing to QAR 1.19 billion.
On Monday, the QSE had recorded its highest level since April 2017, however, Tuesday’s weakness comes in line with the overall decline in global financial markets, especially the Chinese, Japanese, and American stock markets.
The industrial sector was the biggest decliner, losing 0.69%, weighed down by 4 stocks, led by the heavyweight Industries Qatar which fell 1.70%.
The real estate sector declined 0.27%, as Mazaya Qatar ticked down 2.16%.
On the positive side, four sectors went up, with banks growing 0.55%, supported by Qatar National Bank (QNB), which rose 1.08%.
Ahli Bank was the biggest losers with 6.45%, while National Cement topped the winners with 5.30%.
QNB's stock recorded the highest turnover with QAR 38.5 million, while Vodafone Qatar, which lost 2.07%, led the market in terms of trading volume after 1.2 million shares were exchanged.
