#Qatar leads Gulf markets higher; #Kuwait slips | Reuters

Qatar leads Gulf markets higher; Kuwait slips | Reuters

The Qatar stock market ended higher on Sunday, boosted by gains in communications, energy and finance stocks, while Kuwait shares hit a two-month low with industry and finance sectors leading the losses.

The Qatari benchmark index (.QSI), opens new tab was up for a second straight session and rose 1% with almost all sectors in positive territory.

Qatar Gas Transport (QGTS.QA), opens new tab and Ooredoo (ORDS.QA), opens new tab advanced 1.9% and 3.6%, respectively while Qatar National Bank (QNBK.QA), opens new tab, the region's largest lender, gained 0.7%.

In Kuwait, the benchmark index (.BKP), opens new tab slipped 1.3% and closed at 7,873, the lowest in two months with most sectors in the red, led by industry and finance.

National Bank of Kuwait (NBKK.KW), opens new tab, the country's largest lender, dropped 2.3% and Kuwait Finance House (KFH.KW), opens new tab declined 1.5%.
Among other losers, Agility Public Warehousing (AGLT.KW), opens new tab and Gulf Bank (GBKK.KW), opens new tab slid 3% and 3.6%, respectively.

Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab retreated 1.2% after two consecutive session of gains with most sectors in negative territory.

Talaat Mostafa (TMGH.CA), opens new tab decreased 6.6% and Commercial International Bank (COMI.CA), opens new tab lost 1.5%.