Qatar rejected the demands, arguing that they violated its sovereignty, and the country let the deadline and an extension pass.
Banks, which have taken a blow from outflows of Gulf deposits due to the crisis, were also among the best performers on growing optimism over the potential talks.
QAT includes a hefty 54.2% tilt toward the financial sector, followed by 16.5% industrials and 10.4% real estate.
Nevertheless, there are some skeptics as Kuwait readies to host the two-day GCC summit.
“The crisis is too deep and very complicated… I don’t think it will be resolved during the summit,” independent Kuwaiti political analyst Saleh al-Saeedi told the Daily Mail. “But I think Kuwait hopes to at least freeze the dispute, stop its deterioration and move on to the next step.”
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