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April 29, 2024

QSE Index Rises 0.35% at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 34.03 points, or 0.35%, at the beginning of trading on Monday, to reach the level of 9,701 points, compared to Sundays closing.

The general index was supported by a rise in all sectors: Consu…

Widam Narrows Q1 Losses 39% YoY

Doha: Widam Food Company, a Qatari publicly-traded company, reduced its losses by 39.4% in Q1 of 2024. They recorded a loss of 10,529,376 in the first three months of 2024, compared to a loss of QR 17,372,868 during the same period of 2023.

The compa…

Oil Prices Fall 1% in Early Trade

Oil prices fell in early Asian trading on Monday, erasing gains from Friday.

Brent crude futures fell by as much as $1, or 1.1% to $88.50 a barrel before ticking back up to $88.55.

West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at …

S. Korea’s Retail Sales Rise 10.9% in March

Retail sales in South Korea rose 10.9% on-year in March on the back of stronger demand for travel and entertainment services from online platforms.

The combined sales of 25 major offline and online retailers came to 15.8 trillion won ($11.45 billion)…