Wednesday 25 January 2012

Qatar gains on institutional buying, UAE indices edge up - Equities - ArabianBusiness.com

Qatar's index rebounded slightly from Tuesday's four-month closing low, as institutional investors took the opportunity to re-enter the market.
The bourse gained 0.3 percent in early trading at 8,409 points.
"We hit a strong resistance level at 8380 and today we are seeing more buying from domestic corporates and institutions," a Qatar-based trader said, speaking on condition of anonymity.

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