Al Meera stock strengthens as unit plans to acquire Spinneys Qatar

Doha – Mubasher: Al Meera share saw a rise of 0.50% to a price level of QAR 201, boosted by a subsidiary’s statement uncovering plans to fully acquire Spinneys Qatar.

Al Meera Consumer Goods Company announced on Tuesday that it considers plans to indirectly acquire Spinneys Qatar through its subsidiary Al Meera Holding Company.

Trading volume reached 12,330 shares worth QAR 2.47 million through 13 deals. Meanwhile, the goods and services sector dropped 1.09%.

Mubasher Contribution Time: 15-Dec-2015 08:41 (GMT)