Doha – Mubasher: Qatar Gas Transport Company (Nakilat) topped Tuesday’s trading in the Qatar Stock Exchange (QSE) after being listed in the MSCI Emerging Markets Index on November 30.
By midsession, the company’s share declined by about 1.74% to QAR 23.77, but still made up 48% of the total liquidity with around QAR 177.367 million, and a trading volume of 7.34 million shares traded.
At close, the stock was 1.28% higher and still leading in value and volume.
MSCI earlier this month announced it will include the share of Nakilat and UAE’s Etisalat.
Qatar National Bank’s research unit said on Monday that it raised the target price of Nakilat share to QAR 26 from QAR 24.7, in light of MSCI’s announcement.
