Citizens sell MPHC shares to buy luxury items
Swayed by the dream debut of MPHC on stock market, many investors are offloading its shares to buy luxury products, ignoring the governments advise to hold share for long term.
Qatar shares bounce back with 2.3% jump
A resilient Qatar Exchange yesterday appreciated more than 2% to settle above the 11,600 mark, especially on foreign institutions' buying support, a day after it fell sharply after the recall of envoys by Saudi Arabia, the UAE and Bahrain.
UAE stocks end the week in negative territory
Dubai’s stock index jumped more than one per cent on Thursday as investors shrugged off concerns arising out of the tension a day earlier, when UAE, along with Saudi Arabia and Bahrain had recalled their envoys from Qatar.