The share of Qatar Gas Transport Limited (Nakilat) retreated on Wednesday, overlooking its positive ratings that were assigned by Fitch on 17 July.

Nakilat stock fell 1.11% or QAR 0.25 to reach QAR 22.25 after around 13,850 shares were traded through 16 transactions, with a total value of QAR 307,900.

On Friday, Fitch affirmed the company’s $850 million series A senior secured bonds due 2033 at 'A+' with a ‘Stable’ Outlook. Meanwhile, the $300 million series A subordinated second priority secured bonds due 2033 were upgraded to 'A' from 'A-', with a ‘Stable’ Outlook.