Qatar shares edge lower on realty, industrials, consumer goods sectors ...Qatar

News by : (Gulf Times) -
The Qatar Stock Exchange on Wednesday closed the week weak, mainly dragged by the real estate, industrials and consumer goods sectors. Foreign funds were net buyers but with considerably lesser vigour as the 20-stock Qatar Index lost 0.12% to 10,119.69 points, although it touched an intraday low of 10,056 points. The Gulf individuals’ weakened net buying also had its dampening role in the market, whose year-to-date losses were at 2.93%. The Islamic stocks were seen declining faster than the main barometer in the bourse, which saw about 69% of the traded constituents extend losses to investors. Market capitalisation saw more than QR1bn, or 0.18%, fall to QR588.11bn, mainly owing to microcap

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