Doha: Qatar stocks rebounded yesterday with the index gaining 95.10 points when the bourse closed trading at 12,855.56 points.
Qatar’s benchmark rose 0.8 percent as banking and property stocks led gains. Qatar National Bank added 1.2 percent, while developers Barwa Real Estate and Ezdan Holding rose 3.5 and 0.9 percent respectively.
But stocks exposed to the oil and gas sector remained under pressure. Qatar Gas Transport Co fell 1.7 percent and drilling rig provider Gulf International Services lost 1.0percent.
Telecom sector led the recovery, up +2.54percent to 1, 428.38 points while real estate too did well, up +1.88 percent to 2, 531.55 points. Banks and finance sector index was up +0.64 percent to 3,296.46 points. Consumer goods and services index was up +1.80 to 7,319.22 points.QNA
