The Qatar stock exchange (QSE) ended Monday in the red, dragged down by the fall of three sectors, coinciding with high liquidity.
The general index inched down 0.63%, or 57.31 points, to 8,987.51 points.
By the end of the session, market capitalisation levelled down 1.4% to QAR 479.2 billion from QAR 485.9 billion on Sunday.
The QSE’s liquidity hiked to QAR 530.59 million from QAR 208.9 million on Sunday, while the trading volume went up to 9.89 million shares against 7.99 million in the previous session.
The telecommunications sector topped the QSE’s three losers shedding 2.66% as Ooredoo slumped 5.35%.
The real estate sector declined 2.54% as Ezdan Holding Group and United Development Company tumbled 4.81% and 0.24%, respectively.
Meanwhile, the industrial sector topped the market’s four gainers adding 0.86%.
The banking sector inched up 0.14%, encouraged by the growth of Qatar Oman Investment with 4.07%.
Qatar First Bank’s stock, which went up 2.33%, led the bourse in terms of trading volume with 2.2 million shares, while Qatar National Bank’s (QNB) stock topped the market in terms of liquidity with QAR 25.4 million.