Doha: Qatar Exchange index dropped 203.04 points, or 1.70 percent, when it closed at 11,761.11 points yesterday.
The traded value increased QR380.51m with a volume of 7,613,824 shares from 5,138 transactions compared to QR292.25m with a volume of 7,372,780 shares from 4,710 transactions on Sunday. Indices of all sectors ended in the red for the second consecutive day.
Telecoms sector index fell the most, down by 2.54 percent to 1,321.87 points. Industries dropped 1.92 percent.
Banks and financial services index fell 1.34 percent, insurance 1.22 percent, consumer goods and services 1.18 percent.
Transport and real estate index fell 0.79 percent each to 2,464.99 and 2,361.33 points, respectively.
From the 43 listed companies on QSE, shares of 37 were traded today. From these 35 went down, none gained and two remained unchanged.
Other Gulf stock markets, including the previously resilient Saudi Arabia, extended losses alongside oil, while Egypt dropped on profit-taking after a strong run and ahead of a fresh public offer of shares. Saudi Arabia’s stock index posted its biggest single-day loss in two months, dropping 2.0 percent. Agencies
