{"id":6448,"date":"2016-11-15T15:56:16","date_gmt":"2016-11-15T05:56:16","guid":{"rendered":"http:\/\/leadpakistan.com.pk\/news\/?p=6448"},"modified":"2016-11-15T15:56:16","modified_gmt":"2016-11-15T05:56:16","slug":"qatar-shares-may-sag-in-line-with-asian-markets","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/qatar-shares-may-sag-in-line-with-asian-markets\/","title":{"rendered":"Qatar shares may sag in line with Asian markets"},"content":{"rendered":"<p>Doha:Stock markets in the United Arab Emirates and Qatar may slip further on Monday as emerging markets continue to slide, while Saudi Arabia could again outperform.<br \/>\nMSCI&#8217;s broadest index of Asia-Pacific shares outside Japan is down 1.1 percent, having posted its lowest close since mid-July on Friday.<br \/>\nShares in MSCI&#8217;s emerging market index were some of the Gulf&#8217;s chief losers on Monday, and that trend may continue &#8211; although losses may be relatively mild because foreign exchange pegs mean foreign investors in Gulf markets do not have to worry about currency depreciation against the U.S. dollar.<br \/>\nIn Dubai, two construction firms may support the index after they reported narrower losses for the three months to Sept. 30.<br \/>\nCiting cost-cutting and higher revenue, Arabtec reported a loss of 225.5 million dirhams ($61.4 million) attributable to owners of the parent, compared with a 944.8 million dirham loss in the same period of last year.<br \/>\nDrake &amp; Scull reported a loss of 46.3 million dirhams compared with a 877.8 million dirham loss a year ago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Doha:Stock markets in the United Arab Emirates and Qatar may slip further on Monday as emerging markets continue to slide, while Saudi Arabia could again outperform. MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan is down 1.1 percent, having posted its lowest close since mid-July on Friday. Shares in MSCI&#8217;s emerging market index were some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-6448","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Qatar shares may sag in line with Asian markets<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/qatar-shares-may-sag-in-line-with-asian-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar shares may sag in line with Asian markets\" \/>\n<meta property=\"og:description\" content=\"Doha:Stock markets in the United Arab Emirates and Qatar may slip further on Monday as emerging markets continue to slide, while Saudi Arabia could again outperform. MSCI&#8217;s broadest index of Asia-Pacific shares outside Japan is down 1.1 percent, having posted its lowest close since mid-July on Friday. 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