MIDEAST STOCKS-Qatar outperforms Gulf markets as Egypt retreats - Reuters:
Qatar outperformed other Gulf stock
markets Thursday, while the Egypt bourse slipped as most of its
blue-chip stocks fell.
The Qatari index rose 0.8%, with Qatar Islamic Bank
up 3% and Mesaieed Petrochemical 0.8% higher
after it said it had received an income tax exemption and a tax
refund of 170 million riyals ($46.7 million).
In Saudi Arabia, the benchmark index rose 0.4% with
National Commercial Bank and Riyad Bank
gaining 2% and 1.7% respectively.
Elsewhere, Anaam Holding soared 9.9%, the top
gainer on the index, a day after its board proposed a capital
increase through a rights issue.
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