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Doha Insurance drops to 5.5-yr low

Doha Insurance drops to 5.5-yr low
(Photo Credit: Arabianeye-Reuters)
Doha Insurance
DOHI
-0.20% 2.56 -0.01

Doha – Mubasher: Doha Insurance Company stock fell to its lowest level in over 66 months in Wednesday’s trades.

The stock declined 4.19% to trade at QAR 16 per share - its lowest price since November 2011.

The Qatar-listed company’s profits rose 22.3% to QAR 27.4 million in the first quarter of 2017, compared to QAR 22.44 million in Q1-16.