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Vodafone Qatar pushes stock market V.J. | , 10:13 p.m. July 26, 2009 2009-07-26

The Qatar Exchange rebounded amid bullish input from global exchanges, closing 3.11% higher at 6,638.61 points.

Vodafone Qatar (gaining 0.93% at QR10.80), which listed its shares last Wednesday for the first time following its $1bn-IPO in May, became the QE's new 'darling'.

The new competitor of Qatar Telecom posted the largest volume with 5.26m shares changing hands, a fifth of today's total turnover.

The advance-decline ratio ended at 37:3 with no stock closing flat.

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