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.

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