Mubasher: The Qatar Stock Exchange’s (QSE) general index ended Sunday’s trades sliding, with market losses reaching QAR 800 million due to a drop in five sectors and low trades. 

The general index declined 0.13% reaching 7,875.63 points, losing 9.87 points.

By the end of trading, market value decreased 0.2% to reach QAR 425.6 billion, compared to QAR    426.4 billion on Thursday.

The goods sector went down 0.89%, topping the list of decliners, due to a drop in five stocks led by Medicare Group’s 4.84% plunge. 

The industrial sector decreased 0.44% due to a drop in six stocks led by the QSE’s biggest loser Qatar National Cement Company, which lost 5.91%. The sector shrugged off Qatar Industrial Manufacturing Company’s (QIMC) 6.32% surge. 

Similarly, the banking sector shed 0.13% on the back of Dlala’s 2.59% decline.   

Meanwhile, two sectors witnessed an increase, as insurance sector ranked first with 1% as Qatar Insurance Company (QIC) rose 1.64%, followed by telecoms sector after Ooredoo gained 1.19%.

On Sunday, liquidity declined to QAR 91.83 million from QAR 145.07 on Thursday, whereas traded volume decreased to reach 3.02 million shares against 5.32 million in the last session.

Milaha’s stock fell 1.7% but topped the QSE in terms of traded volume with 451,900 stocks, and liquidity with QAR 21.3 million.