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QNB Group helps pull Qatar index lower as market cap drops 3.3%

QNB (Qatar National Bank) logoQNB (Qatar National Bank)
Sig1.25Sen-2.95Env0.00Soc0.00Gov0.00

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.

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