Banking stocks recover, Qatar index rises

Qatar Islamic Bank rises 1.2 per cent helping push Qatar's broader measure higher. Other banking stocks also rise with Qatar Commercial Bank rising 0.3 per cent and Doha Bank rising 0.4 per cent. The broader index, which has fallen more than 1 per cent in the last two sessions, rises 0.4 per cent. Industries Qatar rises 0.1 per cent as investors buy into the stock ahead of its quarterly results which are expected Sunday. Bahrain's measure drops 0.3 per cent on low volumes.