Most Gulf stock markets have declined due to interest concerns and “Qatar” is the lowest since

صحيفة الاقتصادية

Most Gulf stock markets have declined due to interest concerns and “Qatar” is the lowest since

Most Gulf stock markets declined on Wednesday with investors being cautious after strong data on the US economy limited bets on the Federal Reserve lowering interest rates this year. The Qatari index fell 1.1% to 9691.9 points at the close, recording its lowest level in five months due to the losses of most stocks led by the finance and telecommunications sectors. Qatar Islamic Bank shares fell 1.4%, Qatar National Bank 1.8% and “I want” 4.6%. T…