Shares bounce back in 2020
31 Dec 2020 - 9:15
Sachin Kumar/ The Peninsula
It was a year of resilience for the stock market of Qatar, which has bounced back from the lows caused by the outbreak of COVID-19. Stock market investor will not forget this year due to the volatility caused by COVID-19 outbreak, but they will also remember this year for the strong recovery shown by the Qatari stocks.
The Qatar Stock Exchange (QE) Index has surged around 2,375 points or 29 percent since March when it had declined to 8,160 points -the lowest point of the year.
The QE index gained 34.56 points or 0.33 percent to close at 10,534.65 points yesterday.