Santhosh V. Perumal, a postgraduate in Econometrics with an advance qualification in Capital Markets and Financial Services, is Gulf Times' journalist. His coverage areas are debt and equity, hydrocarbons, international trade, environment, banks, insurance and real estate. Previously, he was in New Delhi, India as Senior Finance Correspondent of PTI.
The Qatar Stock Exchange (QSE) continued to remain on a bullish trajectory for the second day yesterday as it crossed the 11,600 points, reflecting the cabinet nod for a higher up to 100% foreign ownership in four local banks.
Qatar's Hamad, Doha and Al Ruwais ports have registered modest growth month-on-month in container and building materials handling amidst a marginal jump in ships arrivals this November, according to the official data.
Qatar's hydrocarbons sector and certain manufacturing businesses such as basic chemicals and refined petroleum products faced significant price pressure this October, as the country's producers' price index (PPI) soared 103% year-on-year, according to the official estimates.
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