Day: May 6, 2024

Saudi Stock Exchange Closes Lower

The Saudi Stock Exchange main index close at 12,372.50 points, 0.61 points down from the previous closing.

A total of 261 million shares were traded with a total trading value of SAR 7.3 billion.

The shares of 116 companies rose, while those of 110 …

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QSE Index Closes 0.53 Percent Lower

Doha: The Qatar Stock Exchange (QSE) general index closed at 9,638.86 points on Monday, 51.19 points (0.53 percent) down from its previous closing.

A trading volume of 184,413,926 shares was registered in 16,142 transactions in all sectors, with a t…

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QSE Index Rises 16.78 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 16.78 points, or 0.17%, at the beginning of trading on Monday, reaching the level of 9,706 points, compared to yesterday’s closing.

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

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Oil Futures Rise on Middle East Tensions

Oil futures rose on Monday over concerns of expanding tensions in the Middle East.

Brent crude futures climbed 28 cents, or 0.3%, to $83.24 a barrel, while US West Texas Intermediate (WTI) crude futures were at $78.40 a barrel, up 29 cents, or 0.4%.

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Gold Rises on Fed Rate Cut Hopes

Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullions appeal.

Spot gold rose 0.3% to $2,309.24 per ounce. US gold futures gain…

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