The downturn reflects growing investor concerns over market conditions, with several major sectors contributing to the overall decline.
The Qatar Stock Exchange closed lower on Monday, with its benchmark index shedding 116.10 points, or 1.1%, to finish at 10,438.86 points.
A total of 171.4 million shares were traded during the session, with a combined value of QAR 583.1 million ($160.1 million), across 66,297 transactions spanning all sectors.
Market sentiment was largely negative, with shares of 30 listed companies declining, while 18 stocks recorded gains. Six companies closed unchanged from their previous levels.
The market's total capitalization stood at QAR 626.9 billion at the close of trading, down from QAR 631.5 billion in the previous session, reflecting a decline of approximately QAR 4.6 billion in market value. (QNA)
The market was weighed down by declines in four sectors: Insurance (-0.37%), Consumer Goods and Services (-0.25%), Banks and Financial Services (-0.55%), and Real Estate (-1.49%).
On the other hand, the performance was positive for the Telecoms sector by (+1.53%) and Transportation by (+0.01%), while the Industrials sector was stable at 0.00%.
Market capitalization, a key measure of the total value of listed companies, fell significantly during the trading session.
The decline was driven by selling pressure in leading stocks, particularly within the banking, industrial, and real estate sectors.
At 10:00 a.m., QSE recorded 10,414 transactions worth QR 102.729 million, distributed across 33.451 million shares. (QNA)
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