Qatar Stock Exchange on Tuesday gained for the fifth straight session, adding another 85 points to inch near the 9,700 mark, notwithstanding strong profit booking by foreign institutions.
Oil price remaining above $30 a barrel and the possibilities of a cut in oil production by major energy-exporting countries lent tremendous support to the Qatar Stock Exchange ...
Global oil prices at above $30 a barrel has had a positive effect on the Qatar Stock Exchange, which gained for the second day by another 293 points to inch near the 9,300 mark.
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.
Bearish sentiments continued to haunt the Qatar Stock Exchange, which fell 100 points to settle below the 8,800 mark; mainly dragged by transport, industrials and telecom stocks.
Qatar Stock Exchange was back in the negative turf as its key index lost 133 points; thus failing to break the 8,900 resistance level.
Sharp oil price rise on Friday appears to have profound effect on the Qatar Stock Exchange, which opened the week with robust 477 points gain to inch near the 8,900 mark.
The oil price plunge to less than $30 a barrel has had a cascading effect on the Qatar Stock Exchange (QSE), the second worst performer among the Gulf bourses ...
Severe correction – particularly in the banking and consumer goods stocks –led Qatar Stock Exchange lose another 77 points to settle a tad above the 9,400 mark.
Increased net profit booking by foreign institutions masked the robust buying support from local retail and institutions that the Qatar Stock Exchange lost a marginal two points.
Extremely weak oil prices, rising geopolitical tensions and higher than expected depreciation of Chinese currency led Qatar Stock Exchange (QSE) plunge 662 points; making it the second worst performer in the Gulf region during the first week of 2016.
Oil price fall to an 11-year low and increasing geopolitical tensions on Thursday led Qatar Stock Exchange plunge 304 points in index and QR15bn in capitalisation.
