Qatar's Stock Gauge Posts Best Quarter Since 2014: Inside EM - Bloomberg

Qatar's Stock Gauge Posts Best Quarter Since 2014: Inside EM - Bloomberg:

Qatar’s main equity gauge advanced, adding to the index’s gains as it posts its biggest quarterly jump in four years. Benchmarks in Saudi Arabia, Dubai and Oman also rose.

The QE Index stocks will probably outperform peers in the last quarter as MSCI Inc.’s rebalancing in November attracts foreign cash, said Talal Samhouri, head of asset management at Doha-based Amwal LLC. Investors also will re-position in December for the dividend season in the first quarter, which should lead to further upside, he said.




“We like petrochemicals, local banks and new entrants into the EM indices,” Samhouri added.

Amwal is also bullish on fixed income markets in the Gulf.