Qatarelix website, which specializes in spreading the scandals of the ruling family in Qatar, said that the strikes have taken place on the Qatari economy, in a manner that predicts a miserable threat to the stability of citizens, all of which are results of government policies that have refused from the first moment to close their outlets to countries infected with the Corona virus, and not be keen to secure Hamad Airport International, which put Doha in an embarrassing position that led to the further collapse of its economy.
Qatarelix explained that the stock market witnessed a decline in morning trading on Monday, due to the collective pressure of the sectors, due to the increasing fears of “Corona” and its emergence at the country level..
By 9:57 am Qatar time, the general index fell 1.77%, to the lowest point of 9322.39, the lowest since July 2018, to lose 167.32 points from last Thursday’s levels..
It is noteworthy that yesterday was a holiday in banks and entities affiliated with the Qatar Central Bank and the Qatar Financial Markets Authority in celebration of Bank Day.
The decline of the Qatar Stock Exchange comes in conjunction with the increase in fears of the “Corona” virus in the world, as the number of countries that spread to it increased to 68 countries around the world, while it claimed 3030 cases, and the number of infected people reached 88994 infected, while about 45028 cases were recovered..
And recorded the transactions at that time 107.47 million riyals, distributed to 42.06 million shares, the implementation of 1.84 thousand transactions. Insurance led the declining sectors by 3.30%, down 3 shares led by Doha Insurance, topping the red list by 9.97%.
The industry’s share declined 2.08%, due to a decrease in several stocks issued by the investors ’shares by 6.56%..
The shares of banks and financial services fell 1.27%, due to a decrease of 11 shares out of 13 shares listed in the sector, most notably the National – which has the largest relative weight in the general index – by 2.07%.
Meanwhile, the prices of 32 stocks fell on the stock exchange, while 9 shares, led by the transfer, rose by 5.52%, while the share of our country was stable at 0.990 riyals.
The lower Rayyan topped 0.59% trading activity at all levels with a volume of 10.83 million shares, and liquidity of 43.44 million riyals.
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