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Category: Industry

Kuwait Stocks Close Lower as Main Market Indices Decline

Kuwait: Kuwait’s stock market closed lower on Tuesday, with the benchmark index falling 33.07 points, or 0.38%, to finish at 8,709.66 points.

According to Qatar News Agency, a total of 290.5 million shares were traded through 21,677 cash transaction…

Oil Prices Fall About 1% at Settlement

Doha: Oil prices fell by about 1 percent at settlement on Tuesday. Brent crude futures declined by 82 cents, or 1.1 percent, to $77.08 a barrel. US West Texas Intermediate (WTI) crude fell by 65 cents, or 0.9 percent, to $73.21 a barrel.

According t…

Gold Falls as Dollar Holds Firm on Fed Rate-Hike Expectations

Gold prices fell more than 1% on tuesday:old prices fell more than 1% on Tuesday, weighed down by a firmer US dollar on expectations of a Federal Reserve interest rate hike this year. Spot gold was down 1.1% to $4,142.61 per ounce, while US gold futur…

Dollar Holds Firm on US Rate-Hike Bets, Oil Rebounds

Doha: The US dollar held firm on Tuesday as traders braced for a Federal Reserve interest-rate hike and oil prices rebounded following steep losses, while the yen hovered near a four-decade low. The dollar index, which measures the greenback against a…

S. Korean Stocks Suffer Sharp Losses as KOSPI Plunges 10%

South korean stocks plunged nearly 10 percent on tuesday as foreign investors sold semiconductor and large-cap shares amid profit-taking:ap shares amid profit-taking, while weakness in US technology stocks from the previous session also weighed on sen…

QSE Index Gains 0.23% at Start of Trading

Doha: The Qatar Stock Exchange (QSE) general index opened higher on Tuesday, posting a gain of 23.82 points, or 0.23%, to reach 10,469 points compared to the previous session’s close. The increase was supported by positive performances in several sect…

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