Monday 28 May 2018

MIDEAST STOCKS-Qatar index leads region, lifted by foreign ownership plans | Reuters

MIDEAST STOCKS-Qatar index leads region, lifted by foreign ownership plans | Reuters:

"Qatari stocks led regional gains on Monday, with other markets generally subdued amid sluggish trading volumes during Ramadan. The Qatar index was up 1.2 percent in early trading, with Qatar National Bank rising by 2.9 percent. The region’s largest bank has been bolstered in recent months by its move to increase its foreign ownership ceiling to 49 percent from 25 percent to boost its weighting on global indexes."



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