Market heavyweight Industries Qatar’s (IQ) robust 34% first quarter net profit jump had had a positive influence in the Qatar Exchange (QE) in the week, even as the market’s year-to-date (YTD) performance was nowhere near the double-digit gains of
Saudi Arabia’s benchmark stock index turned green last week, recovering a reasonable portion from previous week’s losses. Despite closing flat for three days during the week, the Tadawul All-Share Index (TASI) dug in at 7,127.68 and finished the week u
Qatar Exchange (QE) snapped the four-week bear run lifting the index 2.03 percent to close at 8,593.26 points this week. Trading value during the week increased by 23.93 percent to reach QR1.05bn compared to the previous week’s QR847m. Top gainers of
Stock markets in the UAE reached fresh multiyear highs as trading volumes increased, but some said valuations were starting to appear stretched and a short-term correction could be imminent. Dubai’s index climbed 1.1 percent to its highest close sin
Pessimism over Saudi Arabia’s petrochemical industry has pushed shares in the sector down sharply, dampening the biggest Arab stock market. But the gloom may be overdone, creating chances to buy into some of the Kingdom’s biggest firms. The sector’s
The ADX General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 3,287.87 points on Thursday 26th April 2013, up 33.80 points or 1.04 percent from its previous close. Among market cap indices Med cap w
The DFM General Index earlier jumped up into the green territory; wavering in the same region it closed higher to 2,075.56 points on Thursday 26th April 2013, up 22.65 points or 1.10 percent from its previous close. Only Med cap went slightly downward
The Qatar Exchange snapping the positive trend of last couple of days turned red on Thursday 26th April 2013. The Index continued stepping its way lower in the red territory, dropping 62.96 points or 0.73 percent it reached at 8,593.26 levels. Large
The QE Index spending the entire session below the break – even line reached at 8,601.12 levels during the first couple of hours trading on Thursday 25th April 2013. The index trimmed 55.10 points or 0.64 percent. QE sectors indices could not play we
The DFM General Index sustained its upward march during the first couple of hours trading on Thursday 25th April 2013. The index wavering in green zone reached at 2,064.93 levels, adding 12.02 points or 0.59 percent. Banks, Financial & Investment and