Doha – Mubasher: The stock of Qatari Investors Group ended a four-day losing streak after rising 0.94% or QAR 0.50 ($0.14) in Wednesday’s mid trading, reaching QAR 53.90 ($14.80).
Trading volume reached 382,530 shares which were exchanged at QAR 21.03 million ($5.78 million) through 372 trades.
The Qatar-listed company posted today a net profit of QAR 74.85 million ($20.57 million) in the first quarter of fiscal 2016, compared to QAR 63.08 million ($17.33 million) in Q1-15.
The company earlier reported a net profit of QAR 251.9 million ($69.18 million) in 2015, with a rise of 11% from QAR 227.1 million ($62.37 million) in 2014.
