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Thursday, 20 July 2017

MIDEAST STOCKS-Gulf mixed in early trade but Qatar continues rebound

MIDEAST STOCKS-Gulf mixed in early trade but Qatar continues rebound:

"Gulf stock markets were mixed in early trade on Thursday but Qatar continued rebounding from lows hit early this month because of its diplomatic rift with neighbouring Arab states.

The Qatari index rose 0.6 percent to 9,562 points. It closed at 9,924 points on June 4, just before the crisis erupted.

Doha Bank gained 2.2 percent after reporting that first-half net profit rose to 716‍​ million riyals ($197 million) from 708 million riyals year ago, as operating income gained 4.8 percent."



'via Blog this'