(Bloomberg) -- Institutional investors from the six-state Gulf Cooperation Council, who fueled a selloff of Qatari stocks when a Saudi-led group of nations cut ties with the sheikhdom in June, are returning. They have been net buyers of Qatari stocks every day since Sept. 18, when the main equity gauge fell to a five-year low, acquiring 15.6 million riyals ($4.2 million) of shares on Monday, the most since April. Saudi Arabia, the United Arab Emirates and other Arab states cut diplomatic and commercial ties with the country amid accusations of funding terrorists, a charge Qatar denies.
To contact the reporter on this story: Filipe Pacheco in Dubai at fpacheco4@bloomberg.net.
To contact the editors responsible for this story: Celeste Perri at cperri@bloomberg.net, Dana El Baltaji
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