MIDEAST STOCKS-Qatar resumes rally, most of Gulf little changed:
"Qatar’s stock market resumed a rally from near six-year lows on Thursday while most bourses in the Gulf were little changed, lacking fresh stimulus.
The Qatari index added 1.2 percent as Vodafone Qatar, the most heavily traded stock, rose 2.6 percent. Qatar Islamic Bank gained 3.1 percent in active trade.
The index fell sharply in the months to mid-December after four other Arab states imposed an economic boycott on Doha. But signs that the damage is less than some investors had feared, and a supportive 2018 state budget plan announced last week, are now helping the market recover."
'via Blog this'
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