Qatar's bourse halts a two-session decline, with the gas exporter's bullish economy making it a defensive play
for some regional investors amid global market turmoil.
Doha's index rises 0.3 percent to 8,490 points, trimming year-to-date losses to 3.3 percent.
"At this point in time, due to the fact that Qatar's economy in general is strong, it has a defensive nature," says Ali Adou Portfolio Manager at The National Investor.
"If we are on the verge of a meltdown in Europe, Qatar will benefit. Most regional investors will be interested in this market as they reduce exposure to UAE and Saudi Arabia."
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