Monday 12 March 2012

Gulf Times – Qatar shares snap 5-day losing run on small caps

The Qatar Exchange yesterday snapped a five-day losing streak as the benchmark index gained 0.50% mainly on the buying support from small cap segments. Foreign institutions’ bullish outlook helped the 20-stock benchmark settle 43 points higher at 8,636.82 points.
The market is however down 1.62% year-to-date.
About 62% of the stocks extended gains to investors with major movers being Doha Bank, Industries Qatar, Masraf Al Rayan, Woqod, Nakilat and Mazaya Qatar. Salam International Investments (SIIL) and Barwa bucked the trend.

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