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Kuwait Oil Price Declines 43 Cents

The price of Kuwaiti oil went down 43 cents to reach USD 88.46 per barrel on Wednesday as opposed to USD 88.89 last Tuesday, the Kuwait Petroleum Corporation (KPC) said on Thursday.

On a global scale, the price of the Brent crude futures’ contracts w…

Gold Inches Up After Weak US Data

Gold prices drifted higher on Thursday after softer-than-expected US economic data fuelled hopes that the Federal Reserve could cut interest rates as soon as September.

Spot gold was up 0.3% at $2,362.10 per ounce, after hitting a near two-week high …

QSE Index Rises 17.42 Points at Start of Trading

The general index of Qatar Stock Exchange (QSE) rose 17.42 points, or 0.17%, at the beginning of trading on Thursday, reaching 10,070 points, compared to yesterday’s closing.

Figures from Qatar Stock Exchange showed a positive performance in Industri…

Oil Falls on Concerns of Weaker Demand Forecasts

Oil prices fell in Asia on Thursday, with investors turning cautious on expectations of lower demand as US employment and business data came in weaker than forecast, signalling the economy of the world’s top oil consumer may be cooling.

Brent crude f…

US Stocks End Mixed

US stocks ended mixed at the end of the trading session on Tuesday.

The S and P 500 lost 118.64 points, or 2.10%, to end at 5,529.76 points, while the Nasdaq Composite lost 576.06 points, or 3.25%, to 17,137.56.

The Dow Jones industrial average fell…

QSE General Index Closes 0.2 Percent Higher

The Qatar Stock Exchange (QSE) index closed Thursday’s trading gaining 20.03 points (0.200 percent), reaching a level of 10,073 points.

During the session, 129,415,254 shares were traded, with a total value of QR 427,673,918.207, resulting from the e…

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