Sunday 19 June 2011

Barwa lifts Qatar, Saudi petrochems drop

Speculators lift Qatar's Barwa Real Estate to a month high, helping support the index.

"Institutional traders are on the sidelines, waiting for the next two days," says Hani Girgis, assistant chief dealer at Dlala brokerage.

Index compiler MSCI will announce its verdict late Tuesday on whether Qatar and United Arab Emirates are included in the emerging market index.

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