Thursday 1 November 2018

Qatar shares slide on weakened buying interest

Qatar shares slide on weakened buying interest:

Substantially weakened buying interests from foreign and Gulf funds led the Qatar Stock Exchange to settle below 10,300 levels on Thursday.

The insurance, industrials, banking and real estate counters witnessed higher-than-average profit booking, leading the 20-stock Qatar Index to shed 0.19% to 10,280.96 points, which is up 20.62% year-to-date.

Market capitalisation eroded about QR2bn, or 0.34%, to QR578.52bn, mainly dragged by large and small cap equities.

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