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Category: Business

QSE Index Loses 37 Points at Beginning of Thursday’s Trading

Doha: Qatar Stock Exchange (QSE) index lost 0.37 percent at the beginning of Thursdays trading, losing 37.33 points and thus falling to 10,100 points under pressure from all sectors.

QSE attributed the decline in the general index to the negative per…

QSE Index Closes Down 0.39 Percent

Doha: The Qatar Stock Exchange (QSE) index closed Thursday’s trading session with a decrease of 39.09 points, or 0.39 percent, settling at 10,098.36 points.

During the session, 100,123,121 shares were traded, with a total value of QR 300,134,561.768,…

Chinese Big Lenders Lower Deposit Interest Rates

China’s major state-owned commercial banks announced on Thursday reductions in deposit interest rates.

The one-year fixed-term deposit interest rate was cut by 10 basis points to 1.35 percent, according to the official deposit interest rates released…

S. Korea’s Economy Contracts 0.2 Percent in Q2 2024

South Korea’s economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects despite robust exports, South Korean central bank data showed Thursday.

The country’s real gross domestic product, a key measure of…

QSE Index Rises 5.11 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.

The QSE general index was supported by a rise in four sectors:…

Oil Prices Record Increase Upon Settlement

Oil prices rose at the settlement at the end of Wednesday’s trading, in light of the decline in inventories of crude oil, gasoline, and distillates in the United States of America.

Brent crude futures rose by 70 cents, or 0.86 percent, to reach $81.7…

Aamal Reports 12.1% Increase in Net Profit in H1 2024

Doha: Aamal (Q.P.S.C.) disclosed the interim financial statement for the six months ending June 30, 2024. The financial statements revealed a net profit of QR 188,363,443 compared to a net profit of QR 166,767,456 for the same period of the previous y…

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