UPDATE 1-MIDEAST STOCKS-MSCI upgrades lift Qatar, Abu Dhabi; Arabtec drags down Dubai | News by Country | Reuters:
"Stock markets in Qatar and Abu Dhabi rose in early trade on Wednesday after index compiler MSCI upgraded several local stocks, while builder Arabtec dragged down Dubai's bourse after posting a surprise first-quarter loss.
Qatar's benchmark rose 1.1 percent as Ezdan Holding and Qatar Insurance surged 7.0 and 6.9 percent respectively. MSCI added both stocks to its emerging markets index for the first time in a semi-annual review late on Tuesday.
Doha Bank edged up 0.5 percent after its weighting in the same benchmark was increased."
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