14 Nov 2015
(MENAFN) The Qatar Stock Exchange on Thursday witnessed a 23-point decline to remain under the 10,900 mark mainly owing to foreign institutions’ increased net profit-booking.
Selling pressure, especially in the real estate and consumer goods sectors, led the 20-stock Qatar Index to slide 0.21% to 10,830.33 points, apparently reflecting nervousness in view of the need for tough fiscal measures amid lower oil prices and expectations on a US interest rate hike in December.
Weak buying sentiments among the local and Gulf individual investors were also instrumental for an overall bearish run on the market, which is down 11.85% year-to-date, making it the worst performer among the Gulf peers.
Islamic stocks were seen the hardest hit on the bourse, where trading was largely skewed towards the banking, telecom, industrials and realty sectors, which together constituted more than 82% of the volume.
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more