MIDEAST STOCKS-Qatar climbs, other major Gulf bourses move little early on | ZAWYA MENA Edition:
"Qatar's stock market rose in early trade on Wednesday as local institutional investors chased shares left behind in the bourse's latest rally, but other major markets in the Gulf moved little. The Qatari index climbed 1.1 percent as Gulf Warehousing, which had been trading near two-month lows, rose 1.7 percent and Qatar Insurance added 2.7 percent. Industries Qatar gained 0.7 percent after reporting annual net profit of 3.32 billion riyals ($912 million), up from 2.96 billion riyals in 2016, and lifting its proposed annual cash dividend back to 5 riyals per share from 4 riyals. Reuters calculations indicated fourth-quarter profit jumped to 960 million from 230 million riyals."
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