Doha – Mubasher: The Qatari stock market has been pressured by the weakening oil prices that overshadowed the international and Gulf bourses as well, according to an analyst who added that the global economic slowdown in general cannot be ignored, which largely explains the modest losses set over the last couple of sessions.
Nonetheless, reasonable hopes can be pinned upon dividend payouts which indicators suggest will have a major impact on the performance of the Qatar Stock Exchange, as they are expected to be lucrative and including bonus shares along with the cash distributions, financial analyst and economic advisor Ayoub Eshban told Mubasher on Tuesday.
Meanwhile, calmer geopolitical climate and better oil prices would definitely help the market bounce off the red zone.
The bourse’s main index plummeted yesterday by 2.64% or 272.04 points to the level of 10,041.70 points.
