Qatar Telecom (QTEL.QA) (Qtel) hit a two-year high on Wednesday, a day after Oman unit Nawras said it could raise as much as $608 million from its 40 percent initial public offering. [ID:nLDE68607M]
Qtel climbed 1.3 percent to its highest finish since August 4, 2008, while Qatar National Bank (QNBK.QA) rose 1.4 percent and Industries Qatar (IQCD.QA) added 0.7 percent.
Doha's index .QSI rose 0.4 percent to be within 0.2 percent below Sunday's 17-week peak."
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