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August 7, 2024

QSE Index Drops 16.38 Points at Start of Trading

The general index of Qatar Stock Exchange (QSE) dropped 16.38 points, or 0.16%, at the beginning of trading on Wednesday, reaching 10,032 points, compared to yesterday’s closing.

QSE general index was weighed down by a decline in four sectors: Teleco…

Gold Edge Lower as Dollar, Treasury Yields Strengthen

Gold prices edged lower on Wednesday as the US dollar and Treasury yields strengthened, while traders awaited further cues to gauge the size of the Federal Reserve’s likely September interest rate cut.

Spot gold slipped 0.2% to $2,385.60 per ounce, a…

Oil Edges Lower on Unexpected Build in US Inventories

Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data showed an unexpected build in US crude oil and gasoline inventories, offsetting global oil supply concerns.

Brent crude futur…