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Qatar-linked construction players down amid diplomatic crisis
KUALA LUMPUR (June 6): Companies with operations in Qatar saw a decline in their stock prices, after six nations made a decision to sever diplomatic ties with the nation, accusing Qatar of providing support to Islamist militants.
Serba Dinamik Holdings Bhd, which derives a significant chunk of its revenue from the United Arab Emirates, Qatar and Oman, fell 20 sen or 8.89% to RM2.05 at 2.30pm, following heavy trades of 13.91 million shares.
Muhibbah Engineering (M) Bhd fell 10 sen or 3.58% to RM2.69, with total trades of 613,600.
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