Browse
related articles
Industries Qatar shares rise to pre-Lehman level
- Qatar: Sunday, January 06 - 2013 at 15:11
The Qatar Exchange's QE 20 Index advanced 0.80% to reach 8,636.44 points Sunday amid a general bullish sentiment at regional and global exchanges. Market heavyweight Industries Qatar gained 2.80% to reach QR165.90, representing the highest level since Aug. 25 2008, weeks before U. S. investment bank Lehman Brothers filed for bankruptcy under chapter 11. Insurers performed overall weaker with Qatar Insurance ending off 1.32% at QR67.10. Qatar Telecom or Qtel added 0.48%, finishing at QR105. Last Thursday, Qtel said that the share offer of its subsidiary Asiacell was open for subscription. The offer of 25% of Asiacell's total share capital is open until 2 February 2013 to all investors, individuals and institutions with a trading account in Iraq. Asiacell will begin trading on the Iraq Stock Exchange Feb. 3 "There is no minimum number of shares that investors can subscribe to with the offer expected to be the biggest in Iraqi history", said Qtel.
Related Content
Article Options
Gérard Al-Fil, Financial JournalistSunday, January 06 - 2013 at 15:11 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
