Bull market signals recovery for world's worst stocks of 2017

The firm added Qatar National Bank QPSC, the Gulf state's biggest lender, to its core portfolio earlier this month, citing an attractive valuation and the lender's strong government links

After a spat with neighbours turned its stocks into the biggest losers among global peers last year, Qatar’s benchmark index has entered a bull market.
 
With generous dividends and relatively cheap valuations attracting investors, the QE index has advanced 21 per cent from a six-year low in November. The stocks have been on the rise since the country said in December it will increase spending.
 
The gauge, which slumped the most in local currency terms out of 96 benchmarks tracked by Bloomberg in 2017, remains 5.7 per cent below the level it was at before a group of