Islamic equities defied the overall bearish trend on the Qatar Stock Exchange, which lost about 47 points in its key barometer this week.

Qatar Stock Exchange on Thursday snapped three days of bearish trend. Stronger buying in realty, insurance and consumer goods led the 20-stock Qatar Index gain 0.39% to 9,939.58 points.

For the first time, China has a real shot at getting the International Monetary Fund to endorse the yuan as a global