QSE falls 139 pts on Monday

QSE falls 139 pts on Monday
The industrials sector led decliners after sliding 1.4%

Mubasher: The Qatar Stock Exchange’s (QSE) general index dropped 138.8 points, or 1.33%, to close at 10,302.41 on Monday, its lowest level in two weeks.

The industrials sector led decliners after sliding 1.4%, while the real estate and goods sectors rose 1.03% and 0.79%, respectively.

The heavyweight Qatar National Bank (QNB) headed fallers and plunged 5.19%, while Zad Holding topped gainers with 4.6%.

The QSE’s liquidity leaped 90.3% to QAR 201.22 million on Monday, from QAR 105.72 million in the previous session, while trading volume hiked 17.5% to 5.91 million shares, compared to 5.03 million on Sunday.

QNB’s stock led the QSE in terms of turnover with QAR 45 million, while United Development Co’s (UDC) stock, which added 1.3%, registered the highest trading volume of nearly 951,100 shares at a turnover of QAR 15.15 million.