QNB stock falls in mid-session

Doha – Mubasher: Qatar National Bank’s (QNB) stock saw a negative performance despite a higher fourth-quarter financials.

The bank’s stock fell 0.78% to QAR 164.6 by 11:15am Qatar time.

The stock saw trading of 118,940 shares through 182 transactions, with a turnover of QAR 19.6 million.

QNB posted a 5.5% rise in its profits to QAR 2.75 billion in Q4-16, compared to QAR 2.61 billion in Q4-15.

The board proposed 35% cash dividends and 10% bonus shares for 2015.

Mubasher Contribution Time: 16-Jan-2017 09:05 (GMT)
Mubasher Last Update Time: 16-Jan-2017 09:05 (GMT)