Wednesday, 29 May 2013

MIDEAST STOCKS-Bluechips lift Qatar to new 28-mth high; most Gulf mkts up | Reuters

"Qatar's bluechips helped lift the bourse to a new 28-month high on Wednesday, while most other Gulf markets also gained.

Doha's index climbed 1 percent to its highest close since January 2011. The market is up 9.6 percent in 2013, underperforming other regional bourses.

"Qatar has been lagging the region and a catch up play is in order," said Ahmed Shehada, head of trading at Qatar National Bank Financial Services."

'via Blog this'

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