Monday 9 July 2018

Stellar H1 performance by QSE, surge in foreign buying - The Peninsula Qatar

Stellar H1 performance by QSE, surge in foreign buying - The Peninsula Qatar:

The Qatar Stock Exchange (QSE) Index emerged as the second best GCC market index performer during the first half of 2018 (H1, 18) by recording an increase of 5.52 percent to reach 9,024 points compared to 8,620 at the beginning of the year. As Saudi’s Tadawul rose by 15.51 percent, the Abu Dhabi Securities Market edged up a lower 3.32 percent and the Kuwait Exchange and Dubai Financial Market recorded a decrease of 6.20 percent and 16.91 percent, respectively. According to market data provided by QSE yesterday, the average daily traded value on QSE has recorded continuous increases in the first half over the last three years; the average daily traded value in the first half of 2016 was QR286.67m.  In the same period of 2017 it rose 14.2 percent to reach QR327.41m, and increased by a further 2.5 percent in the first half of 2018 to reach QR335.48m.

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