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QE Index increases over 150 points, surpasses 10900 level

QE Index increases over 150 points, surpasses 10900 level
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QE Index ends the week with gains

QE Index ends the week with gains
12 Feb 2021 - 9:01
Sachin Kumar | The Peninsula
Qatar’s stock market ended the week on a positive note as shares registered strong gains during the past four trading sessions. The Qatar Stock Exchange (QE) Index has surged by 91 points to close at 10,522.78 points yesterday from 10,431 on previous Thursday. The index remained largely flat yesterday as QE Index declined 5.74 or 0.05 percent on Thursday. It was a truncated week for stock market with only four trading sessions due to official holiday on Tuesday because of National Sport Day. On Wednesday, the QE Index rose 0.8 percent to close at 10,528.5. The index rose on the back of buying support from GCC, Arab and Foreign shareholders despite selling pressure from Qatari shareholders. The Industrials and Insurance indices led the gains. Al Khaleej Takaful Insurance Company and Qatari German Company for Medical Devices were the top gainers, rising 10 percent and 9 percent, respe ....

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QE Index soars over 200 points last week

QE Index soars over 200 points last week
15 Jan 2021 - 9:43
Sachin Kumar | The Peninsula
Shares had a good run last week with Qatar Stock Exchange (QE) Index soared around 235 points or 2.2 percent in the past five trading sessions. On Thursday, the QE Index gained 47.22 points or 0.43 percent to close at 10,913.83 points. Indices of five sectors ended in green zone and two sectors ended red zone today. The volume of shares traded decreased to 219 million from 270 million on Wednesday and the value of shares decreased to QR546.8m from QR814.1m on Wednesday.
It was a remarkable week for the bourse as Shares of QLM were listed on the QSE on Wednesday, taking the total number of companies listed on the exchange to 48. QLM made a strong debut on the bourse as its share surged around 24 percent on the first day of trading at the Qatar Stock Exchange driven by strong investors demand. ....

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QE Index gains 98.6 points

08 Jan 2021 - 9:25
The Peninsula
The Qatar Stock Exchange (QE) Index gained 98.62 points or 0.93 percent to close at 10,678.28 points, yesterday. The volume of shares traded increased to 180 million from 155.8 million on Wednesday and the value of shares increased to QR492m from QR426m. Indices of six sectors ended in green zone and one sector ended red zone yesterday. QSE Total Return Index increased 0.93 percent to 20,528.64 points and QSE Al Rayan Islamic Index gained 0.75 percent to 4,332.84 points. QSE All Share Index up 0.97 percent to 3,284.20 points.
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Shares surge amid healing of GCC rift

Shares surge amid healing of GCC rift
06 Jan 2021 - 9:24
Sachin Kumar/ The Peninsula
Qatar’s stock market celebrated the news of agreement between Qatar and Saudi Arabia to open airspace, land and sea borders as shares witnessed a sharp surge yesterday. The Qatar Stock Exchange (QE) Index jumped 141 points or 1.35 percent to close at 10,618.39 points, yesterday.
The rally in the bourse was comprehensive as all the sectoral indices ended in the green.
Foreign Minister of the State of Kuwait, H E Sheikh Dr. Ahmed Nasser Al Mohammad Al Sabah announced on Monday night that the Kingdom of Saudi Arabia and the State of Qatar reached an agreement to open airspace as well as land and sea border starting tonight. ....

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