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Tuesday, 3 January 2017

MIDEAST STOCKS-Gulf markets exposed to foreign funds outperform in early trade | Reuters

MIDEAST STOCKS-Gulf markets exposed to foreign funds outperform in early trade | Reuters:
"Stock markets in the Gulf diverged on Tuesday morning with bourses most exposed to international funds outperforming as global equities firmed.

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.6 percent as most of that region's markets reopened after New Year holidays.

Qatar's main index was up 0.2 percent as the largest listed stock, Qatar National Bank, added 0.7 percent. Some investors tend to rotate into Qatari stocks in the early part of each year to capture high annual dividend yields."

'via Blog this'