The Qatar Stock Exchange on Wednesday weakened further to remain below 10,400 levels, mainly on increased net selling by local retail investors and weakened buying interests of foreign funds.
Qatar Airways, which on average receives an aircraft in 10 days, is set to take delivery of 40 airplanes next year, a global record in terms of delivery of maximum numbers by any carrier in any calendar year.
Hamad International Airport (HIA) is all set for a second massive expansion, which will see annual passenger capacity soar to 60mn and construction of a giant 10,000 indoor tropical garden ...
The telecom, consumer goods, banks and transport counters on Monday witnessed higher than average selling pressure on the Qatar Stock Exchange, which settled lower for the third straight session at sub-10,400 levels.
An estimated 13,500 residential units are projected to be completed by the end of 2020; 65% of which are expected to be in The Pearl and Lusail, according to research and consultancy firm ValuStrat.
Insurance, industrials and telecom sectors on Sunday dragged the Qatar Stock Exchange, which, however, remained above 10,400 levels.
Funding and liquidity are no longer the key risks to Qatari banks, as $24bn in non-resident deposits and interbank placements have flowed back into the system since November 2017 ...
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