Complex Made Simple

Qatar Exchange hits GCC markets’ bottom in H1 2012

The QE 20 Index declined half a percentage point to hit 8,123.02. Shares lost across the board, with market bellwether Industries Qatar falling 1.20% to QR125. With a performance of minus 7.41%, the Doha-based bourse is the worst ended the first six months of the year as the worst performing gauge as the Qatari economy, which has been advancing with double-digit growth rates from 2006 to 2011, shows increasing signs of a cooling down.