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Qatar Exchange falls the third session straight on weaker financials, industrials
- Qatar: Tuesday, November 13 - 2012 at 15:44
The QE Index ended Tuesday trading 0.60% lower at 8,445.61 points. Industries Qatar fell 1.20%, while only two banking shares added value. Real estate giant United Development Company or UDC bucked the trend by gaining 0.60%. Earlierin the day, the bourse said a Chinese delegation headed by Mr. Jiang Yang, Vice Chairman of the China Securities Regulatory Commission (CSRC) and Mr. Yang Maijun, Chairman of the Board of the Shanghai Futures Exchange, visited Qatar Exchange Tuesday. They met Mr. Rashid Bin Ali Al-Mansoori, CEO of Qatar Exchange, and several department directors of bourse. Mr. Yang emphasized on the importance of strengthening the bilateral relation to consolidate the capital markets, especially in light of the high growth achieved by both countries and the desire to attract foreign investments.
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Gérard Al-Fil, Financial JournalistTuesday, November 13 - 2012 at 15:44 UAE local time (GMT+4)
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