Local retail investors were increasingly net buyers and their Gulf counterparts turned bullish on the Qatar Stock Exchange, which otherwise settled below 10,500 levels.
The Qatar Stock Exchange on Thursday gained 74 points to inch near the 10,500 levels, mainly lifted by the real estate and banking sectors.
The Qatar Stock Exchange on Tuesday drove back into positive trajectory to settle above 10,000 points, mainly lifted by domestic institutions’ buying interests.
The Qatar Stock Exchange yesterday settled marginally lower below the 10,000 levels, mainly dragged by telecom, industrials, insurance and consumer goods sectors.
The total value of Qatar’s foreign merchandise trade in June 2020 stood at QR19.6bn, reflecting a 9.8% growth from QR19.3bn in April this year, according to Qatar Chamber’s latest monthly economic newsletter...
The retail investors’ strong buying was completely masked by foreign funds’ profit booking that the Qatar Stock Exchange on Wednesday settled below 9,000 levels.
The Qatar Financial Centre (QFC)-based corporate banks’ net profits saw nine-fold year-on-year jump and total assets grew 34%; and their stable deposits rose markedly in 2019 ...
International Air Transport Association Chief Executive Alexandre de Juniac said his organisation will issue fresh forecasts next week.
The Qatar Stock Exchange on Thursday witnessed local retail investors turn bearish and their non-Qatari counterparts increasingly book profits, after three consecutive days of a bull-run.
Leading Middle East airline Emirates said Thursday its profits had plunged by 82.5% in its last fiscal year, blaming fierce competition, currency devaluations and US travel restrictions.
Apple Inc sold fewer iPhones than expected in the first three months of the year, but that bare statistic hides an important bright spot for the company. The average selling price of an iPhone has grown.