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Doha securities bullish
- Qatar: Sunday, February 08 - 2009 at 15:07
Investors at the Doha Securities Market (DSM) joined the bullish mood in the GCC and sent the DSM General Index 2.80% highe, closing at 5,303.66 points. Financial stocks lifted the market in particular: Salam Invest posted the biggest gain (up 8.79%), Al Khaliji Commercial Bank (8.33% higher) and Qatar Insurance (advancing 3.70%) were also among the top performers. Qatar's booming real estate secotr remains a driving force behind the finance sector, according to Global Investment House in Kuwait ('Global'). Real estate credit as a % of total credit is expected to rise by 1% this year, Global says in a report.
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Gérard Al-Fil, Financial JournalistSunday, February 08 - 2009 at 15:07 UAE local time (GMT+4)
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