Qatar Stock Exchange Last Week: Late Rally Fails to Stop 3.2% Drop
Qatar’s stock index dropped 3.22% for the week ended March 5, erasing QR21.73 billion in market value as 48 of 54 stocks fell. The selloff followed Qatar’s force majeure declaration on gas exports, with transport and industrial shares hit hardest. Some firms, including Mesaieed Petrochemical and Qatar Aluminum Manufacturing, announced operational cuts after QatarEnergy halted output. Dubai’s index lost 9% for the week.
