Qatar's index ended at an eight-week high on Monday as Industries Qatar (IQCD.QA: Quote) gained on expectations of strong earnings, while Egypt's benchmark .EGX30 fell on investors concerns about political uncertainty.
Industries Qatar rose 1.8 percent. The company is forecast to post a net profit rise of 43 percent, according to an average of analyst estimates. ID:nLDE73A1AV]
Qatar's benchmark rose 1 percent to end at its highest level since Feb. 15, outperforming regional markets, a trend analysts expect to continue.
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