MIDEAST STOCKS-Gulf rebounds after global markets stabilise | Reuters:
"Gulf bourses rebounded early on Tuesday after global oil and equity markets stabilised for the time being at least, encouraging local investors to buy blue-chip stocks with attractive valuations.
In Qatar, the index jumped 3.9 percent in the first 20 minutes, pulling away from multi-year lows.
Masraf Al Rayan surged 9.9 percent and was the best-performing stock. Qatar's second-largest bank by market value reported a 3 percent fall in fourth-quarter net profit to 559 million riyals ($153.5 million), compared to analysts' forecast of 553 million riyals."
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