Qatar stocks down after UAE planes intercepted

16/01/2018 07:25 AST

The Qatar exchange index witnessed a sharp fall in midday trade and tumbled nearly 2.5 per cent, the single biggest daily fall in weeks, after the UAE said Qatari fighter jets intercepted two of its commercial airlines.

The Qatar stock exchange index closed down 2.48 per cent at 8,946.97, reversing from an earlier high of 9,252.92.

“The market was up in the morning, but as soon as the news on interception started coming in there was a knee-jerk reaction,” said an analyst who did not wished to named. The index has gained nearly 5 per cent so far in January.


Gulf News

Most Viewed Companies

Ticker Price Volume
SABIC 114.77 5,915,941

Stock Market Info

QE 8,707.67 -14.08 (-0.16%)

Valuation

Market
P/E
Price/BookValue
Dividend Yield (%)

Momentum

Performance
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Index vs...
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg

Index Chart

Top Related Companies

Ticker Price Change
QNBK 134.50 0.61 (0.45%)
IQCD 108.99 0.99 (0.91%)
ERES 10.25 -0.28 (-2.66%)
MARK 35.99 -0.11 (-0.31%)
ORDS 82.51 -1.09 (-1.31%)

Recent News

Foreign investors pile into Saudi Arabia in March amid kingdom's FTSE upgrade

05/04/2018

Foreign investors bought $1.18 billion in Middle East and North African equities in March, especially Saudi ones amid the kingdom’s upgrade to emerging market status by FTSE Russell, according to a r

The National

Muscat bourse gains lifted by activity in financial shares

05/04/2018

Buying activity in financials lifted the MSM30 Index to 4,794.61 points, up 0.41 per cent. The MSM Sharia Index closed at 676.52 points, down 0.08 per cent. Gulf Investment Services was the most acti

Times of Oman

Dubai bourse takes a hit in traded value

05/04/2018

Traded value on the Dubai Financial Market tumbled on Wednesday as global stocks declined amid an intensifying US-China trade war. In Abu Dhabi, banking shares surged ahead of first quarter results s

Gulf News

Financial blue chips drive Muscat bourse recovery

04/04/2018

Driven by financial blue chips, the MSM30 Index continued its recovery to close at 4,775.27 points, a gain of 0.53 per cent. The MSM Sharia Index ended at 677.06 points, down 0.07 per cent. HSBC Bank

Times of Oman

Emaar Properties stock hits new one-year low

04/04/2018

Emaar Properties shares extended losses for another session on Tuesday, to hit their lowest level in a year, as selling continued on the wider Dubai gauge. Emaar Properties fell to a low of Dh5.58, b

Gulf News

logo

Financial Information Co.

P.O. Box 69410, Riyadh 11547, Saudi Arabia

GCC Markets

Mutual Funds

News

Investment Tools

Sector News

Screeners

Indices & Commodities

Downloads

Copyright ©2001 - 2024, Financial Information Co. All Rights Reserved.

Terms of Services | Privacy Policy | Advertise with us | Contact Us | Sitemap