Profit booking pressure, especially within the telecom and banking counters, on Thursday dragged Qatar Stock Exchange below 10,300 levels.
The Insurance, banking and industrial equities on Sunday ended two days of bullish run on Qatar Stock Exchange, which fell more than 46 points, even as its 20-stock index remained in the positive terrain year-to-date.
Qatar Islamic Bank (QIB) launched its new and upgraded Internet Banking platform, which was specifically designed to address the digital and financial needs of all banking customers.
Foreign funds’ substantially weakened net buying and Gulf institutions’ bearish grip on Wednesday led the Qatar Stock Exchange decline more than 18 points to settle at sub-10,300 levels.
The Qatar Stock Exchange on Tuesday gained a robust 102 points to cross the 10,300 level with ease, mainly lifted by industrials and banking equities.
The Qatar Stock Exchange witnessed strong selling, especially within industrials and banking counters, leading to a 95 points decline in the key barometer and about QR6bn in capitalisation.
HE the Qatar Central Bank governor Sheikh Abdulla bin Saoud al-Thani has reviewed the latest developments in the country's financial sector, as well as ways and means by which the State of Qatar ...
The Qatar Stock Exchange saw 50% of the traded constituents extend gains; yet it settled lower this week, which saw four of the five days in bearish mode.
The outlook for Qatar’s banking system remains stable as continued spending on the country’s infrastructure projects will drive modest economic growth and support lending ...
Strong selling – especially at the real estate, telecom and banking counters – on Sunday led the Qatar Stock Exchange to open the week weak and its key index retreated below 10,500 levels.
Qatar’s banking sector is undergoing broader changes, including a shift towards digital banking, which will likely see a reduction in branches and physical presence in the coming years, a new report has shown.