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.