Santhosh V. Perumal

The Qatar Stock Exchange on Wednesday snapped five days of bearish spell to gain about 18 points, mainly on the back of increased buying interests of the Gulf funds and lower selling pressure

The Qatar Central Bank (QCB) has asked banks and financial institutions to strengthen their KYC (know-your-customer) norms as part of due diligence to combat all kinds of financial crimes

The Qatar Stock Exchange weakened for the fifth straight session Tuesday and its key index lost more than 66 points on an across-the-board selling, notably within insurance and banking counters.

Qatar's crude exports witnessed a robust 21% year-on-year expansion as it reported trade surplus of QR14.3bn in December 2019, according to the country's Planning and Statistics Authority (PSA).

An across-the-board selling, notably within real estate and industrials, M onday dragged the Qatar Stock Exchange more than 92 points and placed its key barometer at sub-10,500 levels.

Capital Intelligence Ratings (CI), the international credit rating agency, has affirmed the long-term foreign currency rating (LT FCR) and long-term local currency rating (LT LCR) of Qatar at ‘AA-’.

The Qatar Stock Exchange Sunday opened the week weak and its key barometer fell below 10,600 levels, mainly dragged by industrials, real estate and transport sectors.

The Qatar Stock Exchange, which surpassed 10,700 levels on the opening day, however, could not sustain its momentum in the later sessions, thus overall settling lower this week.