QNB Group helps pull Qatar index lower as market cap drops 3.3%
Qatar’s market capitalisation fell 3.3% to QR581.6bn as the index ended the week down 3.04% and below the 10,000 level. QNB Group was a key contributor to the decline, while it also ranked as the top value stock traded at QR192.2mn. Traded value dropped 32.6%, and foreign institutions turned net bearish with QR217.0mn of net selling.