Thursday 31 May 2012

STOCKS NEWS MIDEAST-Qatar, UAE mkts mark heavy May losses on euro worries - Yahoo! News Maktoob

The Qatar bourse marks its largest monthly loss in over a year and Abu Dhabi's benchmark extends declines amid a regional downtrend as fears grow that Spanish banks may soon seek a bailout and concerns linger over a disorderly Greek exit from the euro zone.
Doha's index dips 0.7 percent to 8,417 points, its lowest close since May 20 and its biggest monthly drop since
February 2011.
Investors cut risk across the board with heavyweight Industries Qatar down 1.4 percent, Commercial Bank of
Qatar falling 1.3 percent and Doha Bank slipping 1.1 percent.

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