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April 1, 2024

Qatar’s PPI Surges %1.03 in February

Doha: The Producer Price Index (PPI) of the Industrial sector recorded 114.39 points for February, an increase of 1.03 percent compared to the previous month and a decrease of 8.6 percent compared to February 2023.

Planning and Statistics Authority (…

Gold Hits Record High on Rising Hopes for Fed Rate Cut in June

Singapore, Gold prices touched a record high on Monday after data showed that US inflation moderated in February, boosting bets for the Federal Reserve’s June interest rate cut.

Spot gold rose 1% at $2,255.39 per ounce while US gold futures gained 1….

QSE Index Loses 43.86 Points at Beginning of Monday’s Trading

Doha: Qatar Stock Exchange (QSE) index lost 43.86 points at the beginning of Monday’s trading session, a decrease of 0.45%, to reach a level of 9803 points compared to Sunday’s closing, under pressure from three sectors.

The decline in QSE general in…