Qatar bourse dips after hitting all-time high

May 6, 2014 6:47 pm


The Qatar market index (QE 20) lost by 0.33 per cent to hit 12,956.36 points on Tuesday, May 6. Mazaya Qatar gained the most, ending up by 3.45 per cent at QAR20.69. Medicare recorded the biggest drop, finishing off 1.90 per cent lower at QAR88. On Monday, May 5, the gauge extended its record-breaking spree, with the QSE Index hitting a new peak, closing at 12,987.95, above the recent high of 12,939.80 on April 22. “The index continues to advance on the back of strong buying interest from Qatari individuals and foreign institutions,” revealed the market’s management in a filing on the bourse’s website.

 

Gérard Al-Fil

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