Qatar stocks fickle

02 June 2010

Doha's Qatar Exchange (QE) failed to sustain its small upswing from Monday and declined by 1.39%, closing at 6,737.40 points. Weak financial stocks weighed on the QE Market Index. Al Khaliji Commercial Bank posted the second largest loss, ending 2.76% lower at QR2.76. Its board of directors today approved the initiation of merger talks with International Bank of Qatar.

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