Qatar stocks lead most major Gulf markets lower on Thursday. Limited liquidity in the market, especially in terms of weaker trading turnover, is weighing on Qatar stocks, says Bijoy Joy, head of equities at QIC Asset Management. Still, the longer-term outlook remains positive given the country's importance as a major LNG exporter, he says. Qatar's QE Index falls 0.8%; the Dubai Financial Market General Index and Saudi Arabia's Tadawul All Share Index each lose 0.3%, while Abu Dhabi's benchmark index rises 0.2%. (farhan.rafid@wsj.com)
Dow Jones Newswires
Qatar Stocks Lead Falls Across Most Gulf Markets — Market Talk
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Qatar stocks lead most major Gulf markets lower on Thursday. Limited liquidity in the market, especially in terms of weaker trading turnover, is weighing on Qatar stocks, says Bijoy Joy, head of equities at QIC Asset Management. Still, the longer-term outlook remains positive given the country's im…