DOHA: Qatar’s stock market surged 1.6 percent to 10,585 points with all sectors ending in green, yesterday. Industrial and insurance stocks were the major support. Heavyweight Industries Qatar jumped 3.88 percent. Among sector indexes, Insurance rose the most by 4.24 percent.
Qatar Insurance rose 4.3 percent, Commercial bank gained 2.6 percent and QNB was 0.7 percent higher. Ezdan real estate was up 1.8 percent.
Qatar stock market surged to break major technical resistance. The Qatari index gained an advance on its December and March peaks at 10,490-10,502 points. Trading volume nearly quadrupled from Sunday’s level.
The Peninsula
DOHA: Qatar’s stock market surged 1.6 percent to 10,585 points with all sectors ending in green, yesterday. Industrial and insurance stocks were the major support. Heavyweight Industries Qatar jumped 3.88 percent. Among sector indexes, Insurance rose the most by 4.24 percent.
Qatar Insurance rose 4.3 percent, Commercial bank gained 2.6 percent and QNB was 0.7 percent higher. Ezdan real estate was up 1.8 percent.
Qatar stock market surged to break major technical resistance. The Qatari index gained an advance on its December and March peaks at 10,490-10,502 points. Trading volume nearly quadrupled from Sunday’s level.
The Peninsula
