MIDEAST STOCKS-Qatar ends at all-time high, Dubai scales 5,000 mark | Reuters

MIDEAST STOCKS-Qatar ends at all-time high, Dubai scales 5,000 mark | Reuters:



"* Qatar surpasses 2005 closing peak in massive volume



* Investors bet on companies about to report Q1 earnings



* Dubai closes above psychologically important level



* Emaar gains before publishing strong quarterly report



* Global Telecom lifts Egypt's bourse on Algeria deal



By Olzhas Auyezov

DUBAI, April 22 (Reuters) - Qatar's bourse hit an all-time closing high on Tuesday as shares in several companies jumped ahead of first-quarter earnings reports, while Dubai's bourse broke through resistance to close above 5,000 points for the first time since August 2008.



The Doha benchmark rose 1.3 percent to 12,940 points, surpassing the previous highest closing price of 12,893 points recorded in September 2005. It remained below the record intra-day high of 13,069 points reached on the same day in 2005.



Trading volume on Tuesday was the second highest since 2010, exceeded only by Monday's volume."



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