The benchmark index of Qatar Stock Exchange fell 0.82% or 98.23 points to close at 11,911.31 points on Wednesday, sliding from the level of 12,000 points to hit its second straight decline.

The All Share index declined 0.69% to 3,188.59 points, also, Al Rayan Islamic index retreated 0.49% to 4,648.64 points.

Today’s turnover amounted to QAR 126.68 million as 2.72 million shares were traded via 2,234 transactions.

The telecom sector dropped 1.93%, followed by transport at 1.12%, banking (-0.96%), industrial (-0.95%) and real estate (-0.45%).

The insurance and consumer goods sectors grew 1.54% and 0.63%, respectively.

Out of the 39 securities traded today, decliners outnumbered advancers by 25 to 9, while 5 remained unchanged.

Medicare Group topped the winners as it moved higher 3%, while National Leasing Holding Company (Al-Ijarah) was the top loser, posting a fall of3.6%.

Barwa Real Estate was the most active stock by over QAR 15 million, while Salam International Investment recorded the highest trading volume of about 415,300 shares.