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Qatar Exchange falls the third day straight

As the only market in the GCC, the QE 20 Index fell on Tuesday less than yesterday, closing 1.28% lower at 9,771.41 points, a 2-week low. Doha Insurance lost the most (off 4.62%), while Al Ahli Bank posted the biggest gain (up 2.20%). Salam International gained 1.72%, Earlier in the day, Salam said two lands of the real estate investments available that were for sale were sold, "in addition to the land that we announced sold previously." Salam added that it achieved a net profit of QR48m out of the last sale deal. Thus, the gross net profit achieved from the sale of the previous land and last land mentioned above reached QR73m. Trading volumes surged to 12.8m shares, up from 9.1m on Monday.