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Doha Insurance shares close flat, despite Q1 profit increase

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Qatar: The Qatar Exchange saw its QE 20 market index falling by 0.16% to 8,713.27 points Tuesday. Shares of Doha Insurance ended even at QR24.60. Earlier in the day, Doha Insurance revealed a first quarter net profit of QR21.2m in comparison to QR19.2m for the corresponding period in 2011. Industries Qatar gained 0.43%, while most banks posted losses. Doha Bank bucked the sluggish trend and closed half a percent higher. [AMEInfo.com]

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