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Wednesday, 10 August 2016

MIDEAST STOCKS-Qatar, Egypt climb to multi-month highs, Saudi cools | Reuters

MIDEAST STOCKS-Qatar, Egypt climb to multi-month highs, Saudi cools | Reuters:

"Stock markets in Qatar and Egypt rose to fresh multi-month highs on Wednesday, following global bourses higher, but Saudi Arabia's index pulled back as oil gave up some of its recent gains.

Doha's main index added 0.7 percent to 10,996 points, a new nine-month high. Stocks most exposed to foreign capital flows were among the top gainers, with Islamic lender Masraf Al Rayan advancing 2.9 percent.

Cairo's main index recovered from the previous session's 0.9 percent loss and gained 1.1 percent to 8,292 points, a 13-month closing high."



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