MIDEAST STOCKS-Qatar jumps on PM’s visit to Saudi as major Gulf markets leap - Reuters:
Qatar's stock market surged to its
biggest intra-day high in nine months on Thursday after report
that Qatar's prime minister will attend an Arab summit in Saudi
Arabia, while all major Gulf bourses also rallied mostly riding
on financial stocks.
Qatar's prime minister will attend an Arab summit in Saudi
Arabia on Thursday to discuss regional security, the Foreign
Ministry said on Wednesday, the highest level Qatari official to
visit the kingdom during a diplomatic rift.
Saudi Arabia, the United Arab Emirates, Bahrain and Egypt
imposed an economic and diplomatic boycott on Qatar in June 2017
over allegations that Doha supports terrorism, a charge Qatar
denies.
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