Page 44 - SALIK PR REPORT OCTOBER 2024
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10/31/24, 1:38 PM Gulf Bourses End Mixed, Qatar Retreats Ahead of Referendum
The Qatari benchmark dropped 1.2%, with most of its constituents in negative territory including
the Gulf's biggest lender Qatar National Bank, which was down 1%.
Qatari Emir Sheikh Tamim bin Hamad Al Thani has set Nov. 5 as the date for a referendum on
constitutional amendments, the Gulf country's Amiri Diwan administrative office reported on
Tuesday.
The rare referendum is for citizens to vote on a set of constitutional amendments, including a
proposal that would abandon an effort to introduce elections.
Outside the Gulf, Egypt's blue-chip index fell 0.8%, with Talaat Mostafa Holding losing 2.3%.
SAUDI ARABIA down 0.4% to 12,019
https://money.usnews.com/investing/news/articles/2024-10-30/most-gulf-markets-gain-in-early-trade-qatar-falls 2/2