Foreign Flows Favor Qatar Over Saudi Stocks as Gulf Spat Lingers
- Investment from abroad in Doha in 2018 is triple Riyadh amount
- Share buyers see geopolitics continuing to weigh on decisions
Skyscrapers in Doha, Qatar
Photographer: Gabriela Maj/Bloomberg
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Foreign stock investors have made clear which side of the Saudi Arabia-versus-Qatar conundrum they favor, at least in 2018.
Overseas institutional investors were net buyers of about $2.3 billion of shares traded on Doha’s bourse this year, more than triple the foreign flows into Riyadh, according to stock-exchange data compiled by Bloomberg.