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Al Meera tops gainers on Tuesday after positive annual results

Al Meera tops gainers on Tuesday after positive annual results
(Photo credit: Arabianeye - Reuters)
Al Meera
MERS
-0.07% 14.78 -0.01

Doha – Mubasher: Al Meera Consumer Goods Company led the green list on Tuesday, after announcing positive annual results.

The stock rose by 5.63% by 12:02am Qatari time to QAR 183.80.

Trading volume reached 68,740 shares exchanged at QAR 12.6 million through 121 transactions.

Net profit for the twelve months of 2016 rose 22.9% to KWD 199.2 million from KWD 162.1 million in 2015, according to a bourse filing on Tuesday.

Meanwhile, the bourse’s main index shed 0.21% or 23.85 points to stand at 10,890.18 points.