Qatar Stock Ends Week at 10,000
Qatar Stock Exchange ended its week in the green zone, rising by 2%, equivalent to 193,720 points, reaching a level of 9,876 points. This gains were supported by increases in the telecommunications and transportation sectors, which rose by 3.81% and 2.92%, respectively. Market analyst Youssef Bouhiliqa believes that the positive performance reflects an improvement in investor sentiment, driven by buying activity in leading stocks, with expectations of the index continuing to rise toward the 10,000 mark. This outlook is based on developments in oil prices, regional negotiations, and improved liquidity. Meanwhile, global oil prices declined after indicators suggested a potential easing of supply disruptions, especially with expectations of more regular reopening of the Strait of Hormuz.
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