The main index of the Qatar Stock Exchange (QSE) decreased 6.38% or 633.08 points to reach 9,290.52 points in Monday’s early trades.
By 9:42 am, Doha time, the sectors declined collectively, led by the real estate sector with 9.24% as Mazaya Qatar lost 9.29% and Ezdan Holding Group dropped 9.78%.
The consumer goods and services sector retreated 8.93% after Qatar Fuel (Woqod) and Al Meera Consumer Goods Company fell 9.98% and 9.96%, respectively.
The banks sector went down 6.46% and the industrials sector levelled down 6.81%.
Saudi Arabia, the UAE, Egypt, and Bahrain cut their diplomatic relations with Qatar on Monday.
Traded volume reached 5.47 million shares, through 1,600 transaction, with a turnover of QAR 149.03 million ($40.9 million).
Vodafone Qatar’s stock led in terms of trading volume with 1.27 million shares exchanged, while Industries Qatar’s stock was the most active in terms of trading value with a turnover of QAR 17.11 million ($4.7 million).