Aug 02 2010 |
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Qatar index gained 130 points in July
DOHA: The 20-share main index of the Qatari bourse gained 130 points, or 1.88 percent, last month remaining at slightly above the psychologically critical level of 7,000-mark by month-end.Taking a dip early in the month, the benchmark index began rising from July 4 onwards. It eventually breached the 7,000 level around July 11 and remained by and large stable until month-end.
The index gain was despite the fact that all the three main trading indicators, namely, trading value, volumes and number of deals, all fell in the month.
Large cap Industries Qatar (IQ), Barwa Real Estate, Commercial Bank, Qatar Islamic Bank and Al Rayan Bank were the first five listed entities in July in terms of their share in the trading value.
© The Peninsula 2010
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