Funds bet big on Qatar stocks for 2018 - The Peninsula Qatar:
"Qatar stock market finished the final month of a difficult 2017 on high note, as the benchmark index surged 10.49 percent or 809.12 points in December, compared to the previous month. The index fell 0.03 percent to 8,523.38 points before closing the tumultuous year, yesterday. The benchmark index lost 18.33 percent or 1,913.38 points in 2017. But top fund managers from the region predicted a strong market recovery in the new year. 2018 is going to be the year, when earnings start kicking up with the aggressive government spending, they believe. Qatar stocks’ valuation and trading volume are at significant discounts. This would provide an attractive entry point for investors in 2018, especially in a healthier oil price scenario. A synchronised global growth is also going to influence the local market. Oil prices are spiking up. There will not be any major macro concern for Qatar in 2018, analysts said."
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