GCC stock valuations more attractive than frontier, emerging markets
The Gulf Cooperation Council (GCC) stock markets offer very attractive valuations and their valuations are lower than similar frontier and emerging markets, said a Global Investment House report.
Citizens sell MPHC shares to buy luxury items
Swayed by the dream debut of MPHC on stock market, many investors are offloading its shares to buy luxury products, ignoring the governments advise to hold share for long term.
Qatar shares bounce back with 2.3% jump
A resilient Qatar Exchange yesterday appreciated more than 2% to settle above the 11,600 mark, especially on foreign institutions' buying support, a day after it fell sharply after the recall of envoys by Saudi Arabia, the UAE and Bahrain.