QE Index rises 108 points
21 Dec 2020 - 9:04
Sachin Kumar/ The Peninsula
Doha: Qatar’s stock market has started the week with strong momentum. The Qatar Stock Exchange (QSE) index jumped 108.5 points, or 1 percent, to close at 10,587.1 points. The index had declined marginally to close at 10,478.6 on Wednesday. There was no trading session on Thursday as the Qatar Stock Exchange was closed due to Qatar National Day official holiday.
In terms of performance of sectoral indices, Insurance, Industrials, Telecom indices led the gains in yesterday’s trade. All Share Industrials Index rose 1.6 percent to close at 3145 points, All Share Insurance Index jumped 1.6 percent to close at 2429 while All Share Telecoms Index closed at 1016 points, after rising 3.2 percent yesterday.