Monday 11 September 2017

MIDEAST STOCKS-Qatar sinks to 19-month low, SABB surges in Saudi

MIDEAST STOCKS-Qatar sinks to 19-month low, SABB surges in Saudi:

"Qatar’s stock market sank to a 19-month low on Monday while other regional bourses were mixed in mostly quiet trade, although Saudi British Bank surged in Riyadh. The Qatari stock index dropped 1.6 percent to 8,532 points, its lowest finish since January 2016, in a broad sell-off that saw declining stocks outnumber gainers by 27 to nine. Qatar National Bank, the biggest lender, slid 2.0 percent and Qatar Gas Transport dropped 4.4 percent."



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