MIDEAST STOCKS-Qatar keeps recovering, banking and insurance hit Saudi:
"Qatar’s stock market continued to recover on Tuesday from last week’s big losses, while Saudi Arabia’s main index was dragged down by the banking and insurance sectors.
The Qatari index rose for a third straight day in a technical rebound after hitting five-year lows last week. It was up 0.5 percent on Tuesday after gaining 0.9 percent on Monday.
Foreign investors from outside the Gulf were net buyers by a considerable margin and accounted for nearly 40 percent of buying, bourse data showed. Gulf investors were still almost absent, still deterred by the diplomatic crisis between Qatar and its neighbours that erupted in June."
'via Blog this'
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