Doha's stock market opened positively but failed to sustain early momentum. The QE Index stood at 7,060.59 points as of the close of trading on Sunday. Insurance firms in particular weighed on the market which saw only 3.4m shares changing hands. Islamic Insurance closed 2.22% lower at QR44.00. General Insurance lost 0.52% (closing at QR51.00). Telecom operators Qatar Telecom and Vodafone Qatar bucked the index decline and ended both 0.6% higher, at QR165 and QR8.40 respectively.
You might also like...
Rainmaking in the world economy
19 April 2024
Oman receives Madha industrial city tender prices
19 April 2024
Neom seeks to raise funds in $1.3bn sukuk sale
19 April 2024
Saudi firm advances Neutral Zone real estate plans
19 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.