qatar stock index sinks 31 pct before deadline in diplomatic crisis
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Qatar stock index sinks 3.1 pct before deadline in diplomatic crisis

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Arab Today, arab today Qatar stock index sinks 3.1 pct before deadline in diplomatic crisis

Qatari stock index sank as much as 3.1 percent in thin trade
Dubai - Arab Today

Qatar’s stock market fell sharply on Sunday as a deadline for Doha to accept a series of political demands by four Arab states was expected to expire later in the day with no sign of a resolution.
The Qatari stock index sank as much as 3.1 percent in thin trade, bringing its losses to 11.9 percent since June 5, when Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and trade ties, accusing Doha of backing militants.
Stocks tumbled across the board on Sunday, with 41 lower and only one higher. Qatar National Bank, the largest listed lender in the Gulf, lost 3.1 percent.

Source: Arab News

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