QSE Index Rises 5.11 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 5.11 points, or 0.05 percent, at the beginning of trading on Wednesday, reaching 10,145 points, compared to yesterday’s closing.

The QSE general index was supported by a rise in four sectors:…

Gold Up as Investors Await US Economic Data

Gold prices inched higher on Wednesday, with investors awaiting US economic data that could influence the Federal Reserves rate-cut timeline.

Spot gold was up 0.3% at $2,416.62 per ounce, and US gold futures gained 0.4% to $2,417.10.

As for other pr…

QSE Index Closes Down Slightly by 2.97 Points

Doha: The Qatar Stock Exchange (QSE) index closed Wednesday’s trading session with a slight decline of 2.97 points, or 0.03 percent, settling at 10,137.45 points.

During the session, 115,158,786 shares were traded, amounting to a value of QR 298,710,…

Al Sadd Sign Algerian Defender Abdessamed Bounacer

Doha: Al Sadd have announced the signing of Algerian defender Abdessamed Bounacer to bolster the first football team for the new 2024-2025 season.

Bounacer joins from USM Alger and has signed a five-year contract with Al Sadd.

Al Sadd will commence …