Thursday 6 June 2013

Profit booking snaps two days of bull run on Qatar Exchange

"Profit booking — especially in consumer goods, realty and industrials — yesterday dragged the Qatar Exchange after two days of bull run.

Notwithstanding local retail investors’ buying interests, the 20-stock Qatar Index (based on price data) was down 0.05% to 9,305.81 points.

More than 57% of the stocks were in the red with major losers being Gulf International Services, United Development Company (UDC), Qatar National Cement, Vodafone Qatar and Nakilat; even as Mazaya Qatar, Ezdan Real Estate and Milaha bucked the trend."

'via Blog this'

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