Qatar: The QE 20 Index fell 0.40% to hit 8,474.83 points Tuesday, as shares lost acorss the board. Qatar Telecom ended down 0.43%, finishing at QR115.40. Earlier in the day, Qtel announced the successful completion of its Rights Issue. "The Rights Issue was fully subscribed and raised QR 6.8bn. The net proceeds of the capital increase will be used for general corporate purposes, including refinancing existing indebtedness. The subscribed new shares will be added to shareholder accounts after the regulatory approvals." [AMEInfo.com]
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