MIDEAST STOCKS-Qatar rally goes on as property shares boost Dubai | Reuters:
"* Qatar hits fresh five-year high
* Attracts money withdrawn from other markets
* Dubai to remain volatile ahead of Expo decision
* Arabtec climbs, then pulls back from chart barrier
* Egypt consolidates after post-Mursi rally
By Olzhas Auyezov
DUBAI, Nov 14 (Reuters) - Qatar's bourse rose to a fresh five-year high on Thursday amid profit-taking in most other regional markets, while Dubai gained on the back of construction and property shares.
The Qatari index rose for a fourth consecutive day, up 0.8 percent at 10,212 points. All but three of 20 constituent stocks rose.
In past months, Qatar lagged other Gulf markets such as Dubai. But once they were hit by profit-taking, it emerged as a top performer, thanks in part to local companies' traditionally high dividend payments, which are drawing investors ahead of the end of the year.
Dubai rose 0.4 percent, helped by construction and property firms such as Deyaar, Emaar, Drake and Scull and Arabtec."
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