Insurers lead Qatari bourse advance

21 July 2010

Doha's QE Index gained slightly, ending 0.32% higher at 6,957.38 points. Islamic Insurance posted the biggest advance on Wednesday, surging 7.16% to QR49.10. Other insurers among the top 5 gainers were Qatar Insurance (up 4.20% at QR69.00) and Doha Insurance (gaining 4.10% at QR28.10). The country's number one financial institution Qatar National Bank (QNB) lost half a percent as it finished at QR135.20. Traded value surged 72% to QR124.75m while volumes surged by 60% as 4.32m stock changed hands in Doha.

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