Qatar Exchange advances as investors await more earnings figures
- Qatar: Tuesday, July 10 - 2012 at 16:24
The QE 20 Index ended up 0.30% at 8,271.79 Tuesday, mostly driven by gains in the insurance and real estate sector. General Insurace closed as one of the top gainers (5.62% higher at QR47). The country's largest lender Qatar National Bank or QNB did not join the market rebounnd and fell 0.10% to finish the day at QR131.90. QNB started last Thursday the earnings season when it revealed a net profit of QR4.1bn for the first half of 2012, representing a 17.1% increase in comparison to QR3.5bn for the same period last year.
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