Qatar Stock Exchange Index Falls 76 Points With Losses Across All Sectors

NewsDesk
By
NewsDesk
Industry Gulf NewsDesk is the desk responsible for Industry Gulf's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news...
2 Min Read
Qatar Index Falls 76 Points | AI-Generated Image

The Qatar News Agency reported that the general index on the Qatar Stock Exchange fell 75.76 points or 0.75 percent to 10,027 at the start of Sunday trading. The move reflected losses in all seven sectors during the opening phase of the session. This places the benchmark at a level last seen in recent sessions according to exchange records.

Qatar News Agency listed the transportation sector as posting the largest decline at 1.40 percent. Consumer goods and services fell 0.96 percent while the industrials sector dropped 0.95 percent. Banks and financial services eased 0.77 percent with real estate down 0.44 percent, insurance losing 0.37 percent and telecoms declining 0.17 percent.

By 10:00 a.m. the exchange had recorded 6,781 transactions valued at QR 87.831 million involving 42.369 million shares, the agency said in its update. These early figures capture initial activity before the full session developed. Qatar Stock Exchange summaries have shown comparable daily volumes in recent weeks.

Trading Economics data show the QE index closed at 10,103.22 on July 12 after a 0.13 percent gain from the prior session. The benchmark has declined 3.42 percent over the past month according to the same source. Year-to-date losses stood at 6.13 percent as of mid-July.

Historical records compiled by Investing.com indicate the index fell 0.84 percent on July 9 and 0.77 percent on July 8 before the modest rebound. The benchmark reached an all-time high of 14,931.08 points in April 2022, according to Trading Economics. Current levels remain well below that peak.

Qatar Stock Exchange figures place the total return index at 24,966.35 in the period surrounding the latest trading. The main index performance has tracked broader regional equity trends influenced by global factors. The exchange continues to report daily updates on its platform for all listed securities.

Share This Article
Industry Gulf NewsDesk is the desk responsible for Industry Gulf's daily news coverage, monitoring and reporting developments across the Gulf from official sources, including national news agencies and government communications. Its focus is accurate, timely and factual coverage of the region.