|
|
Article: MSM shares gain as other Gulf markets advance.
- Article from:
- Times of Oman (Muscat, Oman)
- Article date:
- July 17, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Bloomberg
DUBAI Eoe1/4" Muscat Securities Market 30 Index gained 1.4 per cent yesterday. Qatari shares surged the most in four months, leading a gain in global markets, on investor speculation that companies, including Qatar Islamic Bank, will post higher earnings. Oil rose for the first time in four days.
Qatar Islamic Bank, the Gulf stateEoe1/4aos biggest lender complying with Islamic banking rules, soared the most since May. Commercial Bank of Qatar jumped as much as 9.9 per cent. The boards of both banks are meeting today to Eoe1/4Eodiscuss and approveEoe1/4A[yen] the financial reports, according to statements posted on the Doha bourse ...