Google+ Followers

Monday, 29 August 2016

MIDEAST STOCKS-Qatar outperforms, rest of region sluggish | Reuters

MIDEAST STOCKS-Qatar outperforms, rest of region sluggish | Reuters:

"Qatar's stock market outperformed the Gulf on Monday as large-caps carried the index higher, but other bourses were little changed as a fresh slide in oil prices and a retreat in Asian share markets kept buyers away.

Qatar's main index added 0.6 percent, taking its gains over the past month to 5.4 percent. Qatar National Bank rose 1.0 percent and petrochemical producer Industries Qatar climbed 2.5 percent.

Both stocks are on a provisional list of about 20 which index compiler FTSE has said may be included in its secondary emerging markets index. A final list of stocks to be included will be announced after the close on Wednesday."



'via Blog this'