Monday, 17 September 2018

Banking, industrials equities weigh on Qatar bourse

Banking, industrials equities weigh on Qatar bourse:

The Qatar Stock Exchange continued to remain under the bearish spell for the second day on Monday, dropping more than 109 points, mainly dragged by banking and industrials equities.

Strong selling pressure from Gulf and domestic funds drove the 20-stock Qatar Index down 1.1% to 9,832.68 points.

Doha Bank-sponsored exchange traded fund QATR declined 1.06%; whereas Masraf Al Rayan-sponsored QETF gained 1.18%.

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