The QE 20 Index in Doha declined by 0.57 per cent to 11,771.83 points on Thursday, February 27. Market bellwether Industries Qatar lost 0.51 per cent, falling to QAR196. Qatar Navigation Company, also known as Milaha, dived by 4.70 per cent to QAR91.50. Earlier in the day, Milaha said it achieved a net profit of QAR950 million ($247m) in 2013 versus QAR835m in 2012. The board of directors recommended distributing a cash dividend of 50 per cent of the nominal share value (QAR5 per share).
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