Market

QSE Closes 0.17 Percent Higher

Doha: The Qatar Stock Exchange (QSE) closed its trading session on Monday, up by 117.48 points, or 1.16 percent, to reach 10,222.81 points.

During the session, a total of 183,874,915 shares were traded, with a value of QAR 362,028,773.170, resulting …

Oil Prices Rise 3% on Middle East Escalation Fears

Oil prices rose about 3% Monday on fears that escalation in the Middle East could disrupt oil supplies from the region.

Brent crude futures rose $2.30, or 2.91%, to $81.32 a barrel, while US crude futures rose $2.22, or 2.97%, to $77.05 a barrel.

Br…

Gold Extends Gains on Fed Rate Cut Hopes

Gold prices edged higher on Monday, extending gains from the last session as Federal Reserve Chair’s remarks solidified expectations of an interest rate cut next month.

Spot gold rose 0.2% to $2,516.09 per ounce.

US gold futures gained 0.2% to $2,55…

China’s Fiscal Revenue Down 2.6% in Jan-July

China’s fiscal revenue dipped 2.6 % year-on-year in the first seven months of this year, official data showed Monday.

The January-July figure, however, rose 1.2 % after adjustment by deducting effects from factors such as favorable policies for micro…