Qatar Exchange (QE) finishes 0.32% lower

27 June 2010

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.

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