Qatar Stock Exchange suffers losses of 11 billion riyals in 6 months

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Qatar Stock Exchange data showed that the market value of companies listed on the Qatar Exchange declined by 1.9% to the end of June compared to the end of last year 2018, with listed companies suffering from the consequences of the Arab boycott of Qatar.

In the first quarter of 2019, listed companies faced a decline in growth and profits and recorded a rising loss. According to a survey conducted by Al Ain, the market value of listed companies on the Qatar Exchange (46) fell to QR 577.5 billion ($ 158.74 billion).

The market capitalization of Qatar listed companies ended last year at 588.7 billion Qatari riyals (161.82 billion US dollars). The losses faced by the Qatari stock exchange under the Arab boycott of Doha since June 2017 are due to Qatar's support for terrorism and interference in neighboring countries, which negatively impacted the Qatari economy.

In the past month, Standard & Poor's confirmed that Qatar is the biggest loser of regional tensions, in light of the decline and losses that have been taking place in the Doha economic indicators since the Arab boycott in 2017. The repercussions on the Qatari economy will be negative, Doha's largely collapsed economy is a lot of losses.

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