Saudi Stock Exchange Closes Higher

The Saudi Stock Exchange main index on Monday closed at 11,718.17 points, 29.56 points up from the previous closing.

As many as 212 million shares were traded with a trading value of SAR 5.5 billion.

The shares of 79 companies rose while 147 others …

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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…

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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 …

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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…

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