Qatar Exchange index down 6.63 points

April 25, 2014 - 10:03:38 am

Doha: Qatar Exchange ended in the red when trading closed yesterday at 12,954.93 points, down 6.63 points, or 0.05 percent, from the previous closing of 12,961.56 points on Wednesday.

The volume of shares fell to 30,199,836 from Wednesday’s 35,753,926 and the value of shares decreased to QR1,192,892,184.07 from QR1,454,042,231.17.

Among the top losers were Qatar Insurance, whose share was down 1.14 percent to QR78, International Islamic lost 2.50 percent to QR85.80, Vodafone Qatar fell 1.32 percent to QR17.90 and Masraf Al Rayan decreased by 2.21 percent to QR48.65.

Elsewhere in the region, stock markets in the United Arab Emirates retreated from multi-year peaks yesterday, while Saudi Arabia edged up and Bahrain’s benchmark hit its highest level in three years.

Dubai’s main index slid 0.9 percent in a volatile session during which was down as much as 4 percent. 

In Abu Dhabi, developer Aldar Properties, down 6.1 percent, was the main drag on the index which slipped 0.8 percent.

Saudi Arabia’s bourse ended a three-day streak of declines and edged up 0.1 percent. 

Bahrain’s bourse hit a three-year high of 1,419 points, gaining 1.4 percent yesterday.

QNA & Reuters

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