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Investors hail Qatar National Bank’s half-year results

The QE 20 Index advanced 0.16% to reach 8,267.36 points Thursday. Qatar National Bank or QNB, the Gulf state's largest lender by assets, closed 0.90% higher at QR133.80. Yesterday, QNB revealed a net profit of QR4.1bn for the first half of 2012 a 17.1% increase in comparison to QR3.5bn for the same period last year.