Sunday 11 December 2011

UAE markets up; Drake & Scull wins contract - Stocks - ArabianBusiness.com

Banks lifted Qatar's index to a new eight-month high, with the benchmark approaching a strong technical resistance level.

The index climbed 0.06 percent to 8,819 points, reaching its highest level since April 13.

The next resistance is at 8,880 points and support at 8,760 points, Omnia Ashawmy, head of research at Qatar Securities, wrote in a note to clients.


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