MIDEAST STOCKS-Qatar jumps on hope diplomatic dispute will be resolved:
"Qatar’s stock market jumped by its biggest margin in nearly five months on Monday because of hopes that Doha’s diplomatic dispute with four other Arab countries will be resolved. Most other Gulf markets were firm.
The Qatari foreign minister said late on Sunday that Qatar’s Emir Sheikh Tamim bin Hamad al-Thani was expected to attend the annual summit of Gulf Arab heads of state in Kuwait on Tuesday and Wednesday.
There was no immediate comment from other Gulf nations on the Qatari announcement, and events at the summit are difficult to predict. Nevertheless, investors hope Sheikh Tamim’s attendance will be a step towards renewed dialogue with Saudi Arabia, the United Arab Emirates, Bahrain and Egypt."
'via Blog this'
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