Wednesday 26 June 2013

MIDEAST STOCKS-Qatari bourse rises after smooth leadership transition | Reuters

"Qatar's benchmark rose on Wednesday as trading resumed after a one-day holiday during which the emir handed over power to his son in a smooth transition, calming investor nerves.

Doha's index climbed 0.9 percent; its biggest one-day gain in two weeks that extended 2013 gains to 10.8 percent.

Emir Sheikh Hamad bin Khalifa al-Thani said on Tuesday he was abdicating in favour of his son, Crown Prince Sheikh Tamim."

'via Blog this'

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