Complex Made Simple

United Development Company jumps 4.15%

The Doha-based QE Index added 0.17% to reach 9,236.43 points Thursday. Shares of real estate giatn United Development Company (UDC), which built the island The Pearl Qatar ashore of the Gulf state's capital, hit an 11-month high at QR30.10. Year-to-date, the QE Index gained 6.39%, the highest advance among all Arab stock markets.