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Qatar Exchange index shaves 9,800 points

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Qatar: The Doha-based market gauge added 0.45% to hit 9,808.46 points as shares gained across the board on Monday. Qatar was upgraded by index provider MSCI to Emerging Market status two months ago, a move which drew a rising number of foreign investors into the bourse. Shares of General Insurance gained the most (up 4.61% at QR54.50). Qatar National Bank, the biggest bank in the GCC in relation to assets, closed 0.23% at QR174.80. [AMEInfo.com]

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