MIDEAST STOCKS-Qatar hits record closing high as Gulf ignores oil price slump | Reuters:
"Qatar's bourse hit a record closing high on Thursday ahead of MSCI raising the weights of three Doha-listed firms in its emerging market index. Other Gulf exchanges were also upbeat as investors shrugged off a renewed drop in oil prices.
The main Qatari index rose 0.7 percent to 13,776 points, up 33 percent in 2014.
Industries Qatar (IQ) was the main support, rising 1.4 percent. IQ has gained 10.5 percent since it posted a 38 percent drop in second-quarter profit on Aug. 10, missing analysts' estimates."
'via Blog this'
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