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QE Index soars over 150 points 26 Feb 2021 - 9:07 Sachin Kumar | The Peninsula Qatar Stock Exchange (QE) index surged 167.81 points, or 1.67 percent yesterday to close at 10120.67 points, driven by strong buying interest from domestic and foreign investors. With the help of yesterday’s gains, the index once again crossed the psychological level of 10,000. The QE Index had closed at 9952.86 on Wednesday, after registering a decline of 68 points. The volume of shares traded increased to 309.33 million from 200.48 million on Wednesday while the value of shares increased to QR802.12m from QR506.86m on Wednesday. QLM Life & Medical Insurance, Qatar Insurance and Alkhaleej Takaful Insurance were among the top three gainers in yesterday’s trade which rose 10 percent, 7.4 percent and 6.8 percent respectively. ....
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QE Index ends the week with gains 12 Feb 2021 - 9:01 Sachin Kumar | The Peninsula Qatar’s stock market ended the week on a positive note as shares registered strong gains during the past four trading sessions. The Qatar Stock Exchange (QE) Index has surged by 91 points to close at 10,522.78 points yesterday from 10,431 on previous Thursday. The index remained largely flat yesterday as QE Index declined 5.74 or 0.05 percent on Thursday. It was a truncated week for stock market with only four trading sessions due to official holiday on Tuesday because of National Sport Day. On Wednesday, the QE Index rose 0.8 percent to close at 10,528.5. The index rose on the back of buying support from GCC, Arab and Foreign shareholders despite selling pressure from Qatari shareholders. The Industrials and Insurance indices led the gains. Al Khaleej Takaful Insurance Company and Qatari German Company for Medical Devices were the top gainers, rising 10 percent and 9 percent, respe ....
QE Index soars over 200 points last week 15 Jan 2021 - 9:43 Sachin Kumar | The Peninsula Shares had a good run last week with Qatar Stock Exchange (QE) Index soared around 235 points or 2.2 percent in the past five trading sessions. On Thursday, the QE Index gained 47.22 points or 0.43 percent to close at 10,913.83 points. Indices of five sectors ended in green zone and two sectors ended red zone today. The volume of shares traded decreased to 219 million from 270 million on Wednesday and the value of shares decreased to QR546.8m from QR814.1m on Wednesday. It was a remarkable week for the bourse as Shares of QLM were listed on the QSE on Wednesday, taking the total number of companies listed on the exchange to 48. QLM made a strong debut on the bourse as its share surged around 24 percent on the first day of trading at the Qatar Stock Exchange driven by strong investors demand. ....
12 Jan 2021 - 9:09 Sachin Kumar | The Peninsula Continuing upward momentum on the third straight session, the Qatar Stock Exchange (QE) index jumped 117.26 points or 1.09 percent to close at multi-month high of 10,842.99 points, yesterday. Helped by strong investor demand and positive sentiments, the QE Index has risen around 165 points in the past three trading sessions. The QE Index had closed at 10,678 points on January 7. In yesterday’s trade, the volume of shares traded decreased to 186.98 million from 198.62 million on Sunday while the value of shares increased to QR590.78m from QR517.11m on Sunday. Indices of seven sectors ended in green zone yesterday. QSE Total Return Index increased 1.09 percent to 20,845.30 points and QSE Al Rayan Islamic Index gained 0.69 percent to 4,364.16 points. QSE All Share Index up 1.04 percent to 3,330.27points. ....