Qatari bourse down 2.8% at open

Doha – Mubasher: The Qatari benchmark index declined to the level of 9,364.06 points after losing 270 points or 2.8% in Wednesday’s early trading.

Al Rayan Islamic Index also fell 1.83% or 63 points to 3,347.94 points, and the All Share Index dipped 2.37% or 60.83 points to 2.504.65 points.

Trading volume reached 1.08 million shares exchanged through 826 transactions, making a turnover of QAR 42.52 million.

Early winners were four topped by Gulf Warehousing with a growth of 9.96%, while Gulf International headed the red list after dropping 10%.

Gulf International posted yesterday a 43.2% fall in annual profit to QAR 801.4 million.

Industries Qatar was the most active share with a trading volume of 106,850 shares and a turnover of QAR 10.6 million, while the stock fell by 4.81%.

Yesterday, the main index recorded its fifth rise in a row, as it advanced 0.9% or 85.5 points to 9,633.32 points.

Translated by: Elwy el-Manzalawy

Mubasher Contribution Time: 03-Feb-2016 07:05 (GMT)