Qatar leads most Gulf markets higher
November 22 2020 09:06 PM
Business
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Reuters

Most stock markets in the Middle East ended higher on Sunday, with Qatar's index leading the gains on a rise in financial shares.
Financial markets globally have been buoyed over the past two weeks by US drug makers Pfizer and Moderna Inc releasing encouraging news on the effectiveness of their vaccine candidates against the coronavirus.
In Qatar, the index advanced 0.9%, with the Gulf's largest lender Qatar National Bank jumping 4.4% and petrochemical firm Industries Qatar up 1.5%.
Outside the Gulf, Oman eased 0.4% to 3,613 points, while Kuwait was up 0.2% at 6,133 points at close.    



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