Shares surge amid healing of GCC rift 06 Jan 2021 - 9:24 Sachin Kumar/ The Peninsula Qatar’s stock market celebrated the news of agreement between Qatar and Saudi Arabia to open airspace, land and sea borders as shares witnessed a sharp surge yesterday. The Qatar Stock Exchange (QE) Index jumped 141 points or 1.35 percent to close at 10,618.39 points, yesterday. The rally in the bourse was comprehensive as all the sectoral indices ended in the green. Foreign Minister of the State of Kuwait, H E Sheikh Dr. Ahmed Nasser Al Mohammad Al Sabah announced on Monday night that the Kingdom of Saudi Arabia and the State of Qatar reached an agreement to open airspace as well as land and sea border starting tonight.