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Investors at Qatar Exchange cautiously optimistic as earnings season kicks off

The QE 20 Index advanced by 0.10% to reach 8,272.92 points. Banks ended mixed, as Qatar National Bank fell by a half a percentage point, while Al Ahli Bank ended as one of the top gainers (up 5.26%). Since the start of July, the QE gauge left the valley of tears, after it hit the worst performance in the first half of 2012 among the GCC indexes. Year-to-date, the QE 20 Index declined by 5.76% (as of the close of trading of July 8).