Tuesday 14 June 2011

Qatar at two-week high, further gains seen

Qatar's index closes at a two-week high as local buyers pick up stocks on valuations with further gains expected.

"I see the market well positioned for capital gains and if not, then enjoy the dividends – it is the best in the region," says a Doha-based trader on condition of anonymity.

The benchmark ends 0.3 percent higher at 8,311 points, its highest close since June 1.

No comments:

Post a Comment