The Qatar Stock Exchange on Monday witnessed profit booking and its key index lost 19 points, mainly on the bearish outlook of the Arab and foreign individuals; but overall it stood above 10,600 levels.
Foreign funds’ robust bullish outlook on Thursday propelled the Qatar Stock Exchange more than 92 points to place the key barometer in a higher 9,300 orbit.
Qatar's 'AA-' ratings, Fitch said, “reflect a strong sovereign net foreign asset position, one of the world's highest ratios of GDP per capita and a flexible public finance structure allowing for favourable debt dynamics and a robust response to “limit the fiscal impact” of the coronavirus pandemic.
Moody’s Investors Service (Moody’s) has affirmed the long-term deposit rating of Qatar Islamic Bank (QIB) at ‘A1’ with a “stable” outlook.
In its update last night, Moody’s Investor Service said, “Qatar's credit profile reflects the government's strong balance sheet, vast hydrocarbon reserves and exceptionally high per capita income.
The bullish outlook of foreign and Gulf funds as well as foreign individuals ended the bearish run on the Qatar Stock Exchange, whose key barometer on Tuesday gained more than 96 points to cross the 8,900 levels.
Foreign institutions’ bullish outlook on Tuesday lifted the Qatar Stock Exchange about 19 points but its key index was still below 10,300 levels.
The growth of the aggregated total loans and advances of the eight listed Qatari banks from June to September 2019 (in excess of QR30bn) was "mainly driven by a combination of growth in equity ...
Foreign institutions’ strong bullish outlook on lifted the Qatar Stock Exchange more than 86 points and its key index inched near 10,300 levels.