MIDEAST STOCKS-Bank earnings boost Qatar, most Gulf markets slip - Reuters:
Qatar’s stock market rose on Thursday, partly lifted by strong first-quarter earnings from two banks, while most major Middle Eastern markets declined.
Qatar’s index was up 0.2 percent with Qatar Islamic Bank increasing 1.4 percent and Qatar Commercial Bank rising 1.3 percent.
Qatar Islamic Bank and Qatar Commercial Bank posted 9.6 percent and 6.5 percent gains respectively in first-quarter net profits.
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