Wednesday, 18 July 2012

MIDEAST WEEKAHEAD-Overlooked Qatar shares may surprise on the upside | Reuters

Qatar stocks have been overlooked this year during a boom in some neighbouring Gulf markets, but new financial reforms and attractive valuations could pave the way for a rebound.

Concerns about the slow pace of Qatar's massive infrastructure building programme has weighed on the Doha stock market this year.

Trading volumes have also dropped significantly since mid-June with the summer lull kicking in and initial earnings reports presenting a mixed picture for investors.

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