The QE Index advanced to reach at 11,192.21 levels on Thursday 6th Feb 2014, achieving 0.51 percent or 57.51 points for the session.
Market Cap indices ended the day in the green area.
Telecom and Bank & Financial Services sectors were the best performing sectors of the day, surging 1.45 percent and 1.32 percent respectively.
Masraf Al Rayan appeared at top among big players, rising by 3.56 percent. The company has also been able to top the chart of most active stocks by capturing 24.67 percent of the overall market volume.
Commercial Bank of Qatar and Qatar Islamic Bank advanced 1.96 percent and 1.85 percent respectively.
The market breadth was strongly positive with 24 issues witnessing advances against 14 declining issues.
Al Ahli Bank turned in a splendid performance among all Qatari stocks, soaring up 5.64 percent to close the day at QR 65.5.
Islamic Holding Group led the chart of losers’, dropping 2.16 percent.
The CMA has issued its resolution approving the prospectus of Arabian Waterproofing Industries Company and the initial public offering of (8,189,994) shares representing (30%) of the Company’s share
A smart recovery was witnessed on the Muscat bourse after retail investors entered the market to purchase blue chip stocks.
Also, strong movement in telecom and banking stocks lifted the M
Times of Oman
The UAE markets continued to remain sluggish on Wednesday awaiting fresh triggers, but maintained their overall positive outlook.
Traded value dwindled to Dh162 million, down from an average
Shares on the Muscat bourse recovered on better support from local investors. The benchmark MSM30 Index increased and closed at 4,997.53 points on Tuesday, higher by 0.21 per cent. The MSM Sharia Ind
Times of Oman
Qatar’s stock index came slightly off a five-year low yesterday as local funds intensified their buying of those shares, snapping the 11-straight sessions of losses.r> Local investors have been net