Profit-taking drags down Qatar's bourse for a second session from Thursday's four-week high as banks decline,
while United Arab Emirates markets edge higher.
Qatar's market is among the worst-performing Gulf markets this year; it is attracting little interest despite a steady
domestic economic outlook and attractive dividend yields. Many investors have reduced exposure to the country, which has been moving more slowly than anticipated to develop infrastructure for hosting the 2022 soccer World Cup. Also, some analysts say Qatari companies may see relatively little benefit from mega-projects if they are too small to handle the deals.
Doha's benchmark loses 0.4 percent to finish at 8,390 points, extending its year-to-date losses to 4.4 percent. Low trading volume exacerbates the situation.
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