QSE below 8,600 as domestic institutions turn profit takers:
"The Qatar Stock Exchange settled below 8,600 levels as domestic institutions turned profit takers this week which saw improved earnings performance of banking and industry help the listed companies’ 2017 net profitability expand more than 1%.
Insurance, real estate, transport and banking counters witnessed stronger selling pressure this week which witnessed Capital Intelligence, the international credit rating agency, affirm Doha Bank's financial strength rating at ‘A’ with a "stable" outlook.
Foreign institutions’ weakened net buying interests also played its part in the bearish market this week which saw Qatar’s February 2018 trade surplus at QR14.05bn mainly on higher shipments to South Korea, Japan and India, which together accounted for more than 53% of exports."
'via Blog this'
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