MIDEAST STOCKS-Qatar rebounds, rest of Gulf mixed | ZAWYA MENA Edition:
"Qatar's stock market rebounded in early trade on Tuesday from a sharp fall the previous day, while other Gulf bourses were mixed in narrow ranges. The Qatari index tumbled 2.5 percent on Monday because of heavy selling in the final half-hour, ending a seven-day rising streak. Sentiment was hit after the United Arab Emirates said Qatari fighter jets twice intercepted Emirati civilian aircraft during routine flights to Bahrain, which Qatar denied. It is not clear the incidents will escalate further, however, and some investors bought back on Tuesday ahead of Qatari corporate earnings and dividend announcements in coming weeks. "
'via Blog this'
No comments:
Post a Comment