Qatar shares slide further, index drops 595 points

QNA/Doha

Qatar Stock Exchange (QSE) index dropped 595.53 points (-5.25) when the bourse closed trading at 10,750 points on Sunday.

The daily turnover increased to QR 414.72mn with a volume of 9,434,325 shares from 5,915 deals compared to QR 375.32mn with a volume of 7,766,317 shares from 6,638 deals on Thursday.

Indices of all sectors ended in red.

Telecoms index dropped -7.16% to 896.68 points. Real estate index decreased -6.90% to 2,480.14 points and Consumer goods and services index declined -6.38% to 6,362.67 points.

QSE Total Return index decreased to -5.25% to 16,709.32 points, QSE Al Rayan Islamic Index lost -6.5% to 4,131.60 points and QSE All Share Index dropped -5.20% to 2,875.12 points.

Of the 43 companies listed on QSE, investors exchanged shares of 40. Of them, one gained, 37 went down, and two were unchanged.