The newly listed Qatar First Bank (QFB), which constituted more than one-third of total trading volume, witnessed decline in an otherwise bullish Qatar Stock Exchange, which gained 27 points on Thursday.
US cable operator Comcast is in talks to acquire ‘Shrek’ and ‘Kung Fu Panda’ studio DreamWorks Animation for more than $3 billion, The Wall Street Journal reported ...
Snapping four days of bullish run, Qatar Stock Exchange suffered heavily with its key index losing 133 points to settle below the 10,300 mark on an across-the-board selling.
A policy comprising clear guidelines for regulating the quality of communication services provided to the public in Qatar is to be implemented soon.
Local retail investors’ bearish grip coupled with increased net profit-booking by domestic institutions led the Qatar Stock Exchange to fall for the second day by another 18 points.
Strong buying, especially in the telecom and industrials stocks, lifted the Qatar Stock Exchange on Thursday, with its key index gaining 63 points to inch near the 10,400 level.
Reversing a four-day bearish trend, the Qatar Stock Exchange gained a robust 171 points to surpass the 10,300 mark, mainly on sustained buying interests from foreign and Gulf institutions.
The Gulf Cooperation Council (GCC) will cut telecom roaming charges for making and receiving calls and sending text messages within the six-nation bloc by an average of 40% from April 1.
Producers’ meeting in Doha next month brightened sentiments in the global energy front to instil a positive effect on the Qatar Stock Exchange, which gained 91 points to inch near the 10,300 level.
Buying was seen more pronounced – especially in the industrials, telecom, consumer goods and transport counters – to lift the 20-stock Qatar Index 1.21% to 9600.97 points.
The Qatar Stock Exchange rallied for the fourth straight session to add another 67 points and inch near the 9,550 mark mainly on the back of buying support from foreign and domestic institutions.
Qatar Stock Exchange bounced back with huge 231 points gains to inch near the 9,000 mark on the back of an overall stronger buying in the telecom, insurance and industrials stocks.
