Investors in Doha continued to add positions in the real estate and banking sector. The QE Index, consisting of 20 constituents, ended 0.68% higher at 7,029.21 points. Qatar Islamic Bank advanced 2.35%, closing at QR73.30. QE heavyweight Qatar National Bank (QNB), however, failed to jump on the bandwagon and finished insignificantly lower at QR137. Qatar Navigation closed at QR81.80 (up 0.61%) after the company said that it plans to set up a QR1bn Logistics City in Al Thumama near Doha's industrial area to meet the Gulf state's growing demand for logistics and warehousing requirements, the company's Projects Manager, Ahmed Al-Kowsi said, investment bank EFG Hermes reports, quoting The Gulf Times.
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