Business

Stock market

Qatar Exchange index adds 48.95 points

Thursday, 23 May 2013

Doha: Qatar Exchange index was bullish yesterday adding 48.95 points or 0.54 percent to advance to 9,085.90 points from 9,036.95 on Tuesday.  The volume of the shares traded fell to 10,195,678 from 12,456,857 on Tuesday, and the value of shares decreased to QR346,502,883.46 from QR400,158,536.81 on Tuesday. Among the top gainers were Commercial Bank of Qatar which was up 0.73 perce

Qatar Exchange index loses 27.36 points

Wednesday, 22 May 2013

Doha: Qatar Exchange index lost 27.36 points or 0.30 percent to 9,036.95 points from the previous closing of 9,064.31 points.  The volume of shares traded fell to 12,456,857 from 13,872,545 on Monday, and the value of shares decreased to QR400,158,536.81 from QR456,838,757.00 on Monday. Among the top losers were Industries Qatar whose share dropped 0.84 percent to QR164.50, Masraf

Qatari bourse index adds 55 points

Monday, 20 May 2013

Doha: Qatar’s main index rose for the second trading day yesterday, albeit marginally, after breaching the magical barrier of 9,000 points to a two-year high on Sunday. With a 55 points (0.61 percent) gain, the benchmark index inched up to 9,064 points at the close of trading. The trading value yesterday was a record QR456.83m, reminiscing the days of stock boom several years ago

Qatari bourse index adds 1.04 percent

Sunday, 19 May 2013

Doha: Qatar Exchange continued its gaining streak yesterday adding 92.53 points (or 1.04 percent) to advance to 9,009.43 points from 8,916.90 on Thursday.  The volume of the shares traded up to 10,964,251 from 7,399,703 on Thursday, and the value of shares increased to QR376,487,431.31 from QR245,067,111.76 on Thursday. Among the top gainers were Qatar National Bank which was up 1.

Kuwait bourse resumes rally

Friday, 17 May 2013

Three men watch a screen at the Kuwait bourse. The bourse resumed a rally in heavy trading yesterday as upbeat expectations of an improving economy outweighed renewed political woes. DUBAI: Kuwait’s bourse resumed a rally in heavy trading yesterday as upbeat expectations of an improving economy outweighed renewed political woes, while other regional markets were mixed.  Ku

QE index up 69.02 points this week

Friday, 17 May 2013

Doha: Qatar Exchange index gained 69.02 points (0.78 percent) this week when it closed at 8,916.90 points at the end of the trading session here yesterday. The trading value increased by 1.26 percent when it reached QR1,748,901,534.75 this week compared to QR 1,727,196,761.88 the previous week. The trading volume decreased by 4.62 percent when it reached 50,796,841 shares as against 53,

Karachi stocks hit all-time high on Nawaz Sharif’s win

Tuesday, 14 May 2013

Pakistani stockbrokers monitor share prices during a trading session at the Karachi Stock Exchange yesterday. KARACHI: Karachi stocks hit an all-time high yesterday following Nawaz Sharif’s strong victory in landmark elections, which raised hopes the steel tycoon’s pro-business agenda could spark an economic revival. The benchmark index of top 100 shares rose 1.68 percent

Qatari bourse index rises by 12.64 points

Wednesday, 08 May 2013

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 12.64 points or 0.14 percent to advance to 8,858.29  points from 8,845.65 on Tuesday. The volume of shares traded rose to 12,155,718 from 11,443,141 on Tuesday and the value of shares increased to QR567,160,025.08 from QR415,045,981.64 on Tuesday. Among the top gainers were Qatar National Bank which was up 1.05 percen

Qatari bourse index adds 11.52 points

Tuesday, 07 May 2013

Doha: Qatar Exchange continued its rising streak yesterday, adding 11.52 points or 0.13 percent to advance to 8,845.65 points from 8,834.13 on Monday. The volume of the shares traded up to 11,443,141 from 10,730,806 on Monday and the value of shares increased to QR415,045,981.64 from QR335,801,098.51 on Monday. Among the top gainers were Qatar National Bank, Industries Qatar, Commercial

$3.5bn deals to heat up Asian stock markets

Sunday, 05 May 2013

HONG KONG: A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs today seeking to raise up to $3.5bn in total, injecting life into Asia’s moribund IPO markets where deal values more than halved in the first quarter of the year. The massive initial public offerings (IPOs) have been eagerly anticipated in Hong Kong and their success could trigger a w

Qatari bourse index adds 36.85 points

Sunday, 05 May 2013

Doha: Qatar Exchange pursued its upswing trend yesterday, adding 36.85 points (or 0.42 percent) to advance to 8,785.53 points from 8,748.68 on Thursday. The volume of the shares traded up to 11,050,593 from 8,073,606 on Thursday and the value of shares increased to QR338,937,355.54 from QR320,894,251.62 on Thursday. Among the top gainers were Doha Bank which was up 1.32 percent to QR

Trading value, volume rise on Qatar bourse

Friday, 03 May 2013

DOHA: Qatar’s main index gained 155.42 points (1.81 percent) last week to 8,748.68 points. The trading value increased 31.40 percent to QR1.38bn compared to QR1.05bn the previous week. Trading volumes on the bourse increased 28.21 percent to 38.51 million shares as against 30 million the previous week. The number of transactions that took place on the Qatar Exchange last week

London stocks edge up amid May Day holiday

Thursday, 02 May 2013

Traders work on the floor of the New York Stock Exchange after the morning bell yesterday. LONDON: The British stock market rose in low-volume deals yesterday, amid a public holiday in much of Asia and Europe, and following disappointing US data. London’s FTSE 100 index of top companies won 0.33 percent to 6,451.29 points, as dealers also absorbed better-than-expected British m

Qatar bourse index rises by 0.57pc

Wednesday, 01 May 2013

  Doha: Qatar Exchange ended in the green yesterday adding 48.79 points (or 0.57 percent) to advance to 8,677.10 points from 8,628.31 on Monday. Among the top gainers were Industries Qatar which was up 1.90 percent to QR172, Commercial Bank rose 0.78 percent to QR65, Ooredoo gained 1.50 percent to QR115 and Vodafone Qatar was up by 2.19 percent to Q9.32. The banking and financial s

European stocks mixed

Wednesday, 01 May 2013

Traders work at their desks in front of the DAX board at the Frankfurt Stock Exchange yesterday. LONDON: European stock markets closed yesterday with mixed results as investors balanced mostly gloomy eurozone economic data against growing hopes of an interest rate cut from the European Central Bank, dealers said. London’s FTSE 100 index of top companies gave up 0.43 percent to

World stocks rise; S&P 500 nears record

Tuesday, 30 April 2013

Traders work on the floor at the New York Stock Exchange yesterday. NEW YORK: World stock indexes and the euro advanced yesterday as the formation of a new government in Italy eased uncertainty about the political future of the country, the third-largest economy in the euro zone, while tame inflation data drove down US Treasury yields. US stocks jumped, also buoyed by stronger-than-e

Qatar bourse index down; Dubai falters

Tuesday, 30 April 2013

Doha: Qatar Exchange was down 8.85 points or 0.10 percent to 8,628.31 points yesterday from the previous closing of 8,637.16 points. Among the top losers were Commercial Bank whose share dropped 1.53 percent to QR64.50, Qatar Islamic Bank lost 1 percent to QR69.20, National Leasing fell 1.74 percent to QR33.80 and The Investors was down 0.88 percent to QR23.65. The banking and financial sector

Qatar Exchange resumes upward momentum

Monday, 29 April 2013

DOHA/DUBAI: Qatar resu-med its upward momentum yesterday after the previous session’s reverse, while heavy buying of mid-cap stocks sent Dubai to a new multi-year high. Other Gulf markets were mixed on the opening day of the week. Qatar’s index advanced 0.51 percent, its eighth gain in the last nine sessions, as it maintained a recovery from the mid-month sell-off which saw a ru

New Tokyo index aimed at foreign investors

Monday, 29 April 2013

TOKYO: Aiming to establish itself as a major exchange in Asia, the Tokyo Stock Exchange plans to create a new stock price index that focuses on return on equity (ROE). With the new index, the TSE wants to make Japanese stocks more attractive to domestic and foreign investors as international competition among stock exchanges continues to intensify. The aim is in line with Prime Minister

Commodity markets rebound on growing risk appetite

Monday, 29 April 2013

LONDON: Global commodity markets rebounded this week from recent losses on the back of growing investor appetite for risk, dealers said. “Commodity prices are firmer, having posted varying degrees of recovery from the previous week’s widespread price declines,” said Barclays analyst Sudakshina Unnikrishnan. “However for many commodity markets we would view this as a

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