Wednesday 17 July 2013

Qatar shares at 4-week peak as QNB jumps to new high

Qatar shares at 4-week peak as QNB jumps to new high:

"The Qatar Exchange’s benchmark index climbed 0.4% to a five-week peak yesterday.

QNB rose 1.8% to a new all-time high. The lender last week posted a 24% increase in second-quarter profit, beating estimates.

QNB is among Doha bluechips expected to draw in additional foreign buyers after index compiler MSCI upgraded Qatar to emerging market status."

'via Blog this'

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