Qatar Exchange bucks global downtrend

26 October 2010

The Doha-based QE Index was unimpressed by regional and global losses at stock markets and finished Tuesday 0.37% higher at 7,815.55 points. Shares of Commercial Bank of Qatar (CBQ) gained 1.46% to finish at QR83.40. Credit Suisse analyst Mohamada Hawa says the second largest lender is one of his top picks as he expects CBQ to 'outperform' with a target price of QR104.0.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications