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Gulf International dives on lower 9-month profit

The Qatar Exchange added half a percent to reach 8,437.61 points, mostly driven by gains in the banking segment. Shares of Gulf International Services Company declined 2.75% to QR24.02. Earlier in the day, Gulf International disclosed interim financial results, which revealed a net profit of QR187.1m for the nine months period in comparison to a net profit of QR358.6m for the corresponding period last year.