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Bank shares lead Qatar market rise

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Wednesday, 10 December 2008
ON THE UP: Qatar shares rose on the first day after the Eid al-Adha holiday. (Getty Images)
ON THE UP: Qatar shares rose on the first day after the Eid al-Adha holiday. (Getty Images)

Qatar's main index closed nearly two percent higher as banking stocks rallied in the first trading day after the Eid al-Adha holiday. All other Gulf markets are closed.

The Doha benchmark - which rose in all but one of the eight trading days before the Eid break - gained 1.92 percent to 6,166.43 points.

Qatar National Bank rose 4.73 percent and Qatar International Islamic Bank 5.62 percent.

The Qatar index has fallen more than 36 percent since Jan. 1.

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