Selling pressure continues at Qatar bourse

March 4, 2014 4:21 pm

The Qatar Exchange 20 Index declined for the fifth consecutive day as the gauge lost 0.65 per cent, falling to 11,588.24 points on Tuesday, March 4. Mesaieed fell the most, ending off by ten per cent (limit down) at QAR40.10. Medicare surged by 4.03 per cent to QAR67.10. Doha Bank dived by 9.10 per cent, falling to QAR60.90. Earlier in the day, the lender said that the ordinary assembly approved the distribution of a 45 per cent cash dividend.

Gérard Al-Fil