MIDEAST STOCKS-QNB's leap lifts Qatar in early trade, most of region strong:
"Qatar’s stock market rose sharply in early trade on Monday because of a jump by Qatar National Bank, after the bank said it would raise its ceiling for foreign ownership. Most other Gulf bourses were also firm. The Qatari stock index climbed 2.3 percent as QNB, the Middle East’s biggest bank, rocketed 7.3 percent; it was the market’s most heavily traded stock. QNB, in which the government is by far the biggest shareholder, said it would recommend to shareholders increasing its non-Qatari ownership ceiling to 49 percent of capital from 25 percent."
'via Blog this'
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