Mideast Stocks: Blue-chip banks lift #Qatar, most major Gulf markets up | ZAWYA MENA Edition

Mideast Stocks: Blue-chip banks lift Qatar, most major Gulf markets up | ZAWYA MENA Edition:

Qatar's stock market rose on Wednesday, aided by its blue-chip bank shares, while the Dubai index recouped some losses as all its property firms gained.

The Qatar index added 1 percent as market heavyweight Industries Qatar rose 1.3 percent and Qatar National Bank , the largest bank by assets in the Middle East and Africa, increased 1 percent.

Qatar International Islamic Bank rose 0.9 percent. On Monday, the lender's shareholders approved an increase in its foreign ownership limit to 49 percent from 25 percent.