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Category: Business

QSE Index Closes 1.05 Percent Lower

Doha: Qatar Stock Exchange (QSE) general index closed at 9,691.480 points on Wednesday, 102.550 points (1.05 percent) down from its previous closing.

A trading volume of 145,002,491 shares was traded in 18,956 transactions in all sectors, with a tota…

QSE Index Gains 23.06 Points at Beginning of Wednesday’s Trading

Doha: Qatar Stock Exchange (QSE) index gained 23.06 points at the beginning of Wednesday’s trading, an increase of 0.24%, rising to the level of 9,817 points, compared to the end of Tuesday’s trading, backed by four sectors.

QSE figures showed a posi…

Kuwaiti Oil Price Rises by USD 1.33 pb

Kuwait, The price of Kuwaiti oil went up by USD 1.33 to USD 89.55 per barrel (pb) on Tuesday, compared to USD 88.22 pb Monday.

According to the Kuwait Petroleum Corporation (KPC), the prices of Brent Crude and West Texas Intermediate both increased b…

QSE Index Gains 23.06 Points at Beginning of Wednesday’s Trading

Doha: Qatar Stock Exchange (QSE) index gained 23.06 points at the beginning of Wednesday’s trading, an increase of 0.24%, rising to the level of 9,817 points, compared to the end of Tuesday’s trading, backed by four sectors.

QSE figures showed a posi…

QSE Index Closes 0.71% Lower

Doha: Qatar Stock Exchange (QSE) general index closed at 9,794.480 points on Tuesday, 69.930 points (0.710 percent) down from its previous closing.

A trading volume of 134,289,331 shares was traded in 14,986 transactions in all sectors, with a total …

Oman Oil Price Rises USD 1.25

Muscat, Oman’s oil price (June delivery 2024) on Tuesday reached USD 88.93, a rise of USD 1.25 compared to Monday’s price which stood at USD 87.68.

The average price of Oman oil (April delivery 2024) stabilized at USD 80.85 per barrel, thus USD 2.10 …

QSE Index Rises by 4.62 Points at Beginning of Tuesday’s Trading

Doha: Qatar Stock Exchange (QSE) index gained 4.62 points at the beginning of Tuesday’s trading, rising marginally by 0.05%, thus rising to the level of 9869 points, compared to Monday’s close, backed by six sectors.

Qatar Stock Exchange figures show…

Oil Gains on Upbeat Manufacturing Data

Singapore, Oil prices gained in early Asian trading on Tuesday, underpinned by signs of improved demand that had sparked a rally in US futures to a five-month high in the previous session.

Brent futures for June delivery rose 37 cents to $87.79 a bar…

Saudi Stock Exchange Tick Higher

Riyadh: The Saudi Stock Exchange main index ticked 53.58 points up on Tuesday, to close at 12476.59 points.

A total of 270 million shares were traded across 550,000 transactions with a total trading value of SAR 7.6 billion.

The shares of 82 compani…

Oil Rises as Investors Bet on Tighter Supply

Singapore, Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts and as upbeat Chinese manufacturing data supported outlooks for improving demand.

Brent crude rose 29 cents, or 0.3%, to $87.29 a barrel….

S. Korea’s Exports Rise for 6th Straight Month in March

Seoul, South Korea’s exports moved up for the sixth consecutive month in March on the back of the robust performance of chips, data showed Monday.

Outbound shipments gained 3.1 % on-year to US$56.5 billion last month, according to the data compiled b…

Qatar’s PPI Surges %1.03 in February

Doha: The Producer Price Index (PPI) of the Industrial sector recorded 114.39 points for February, an increase of 1.03 percent compared to the previous month and a decrease of 8.6 percent compared to February 2023.

Planning and Statistics Authority (…

QSE Index Loses 43.86 Points at Beginning of Monday’s Trading

Doha: Qatar Stock Exchange (QSE) index lost 43.86 points at the beginning of Monday’s trading session, a decrease of 0.45%, to reach a level of 9803 points compared to Sunday’s closing, under pressure from three sectors.

The decline in QSE general in…

Report: China’s Economy Achieves Strong Growth in Q1 2024

Beijing, The Chinese economy has grown powerfully in the Q1 of 2024, anticipating an annual growth of GDP by nearly 4.8 percent, Bank of China confirmed in a report on Monday.

The global demand is increasing, and the international trade is rising, th…

31 Billion Euros Revenues from Russian Gas Sold in Rubles

Moscow, Data issued by Eurostat reported that Russias revenues from gas sales in Russian rubles to the European Union (EU) amounted to 2.3 trillion rubles (31 billion euros).

According to data, Russias revenues from selling gas to EU countries in rub…

Dollar Steady as Inflation Data Boosts June Rate Cut Bets

Singapore, The dollar was broadly steady on Monday as data showing easing US prices bolstered bets that the Federal Reserve could cut interest rates in June, while the yen loitered near 152 per dollar keeping traders on edge on the threat of intervent…

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