Qatar news

17 minutes ago Gold settles lower, records weekly gains
The precious metal saw some selling pressures as the USD neared its highest level in two months
22 minutes ago Renewables in India to grow 5% by 2022
Rising interest rates are putting a question mark on the viability of solar projects
4 hours ago Goldman Sachs forecasts 5 more Fed rate hikes
Goldman believes the Federal Reserve needs to generate a significant tightening in financial conditions
4 hours ago Robust aero, warehouse automation sales boost Honeywell Q3 profit
Mubasher: Honeywell International Inc on Friday reported better-than-expected profits for the third quarter of this year
04:39 PM InterContinental Hotels revenue up 1% in Q3
Mubasher: InterContinental Hotels Group PLC on Friday posted a 1% year-on-year increase in the comparable revenue per available room for the third quarter of 2018.
04:05 PM P&G Q1 sales beat estimates
Mubasher: Procter & Gamble Co (P&G) on Friday reported a robust rise in sales for the first quarter of this year
03:36 PM Volkswagen begins operation at China EV plant
Mubasher: Volkswagen AG on Friday announced it has commenced construction work on a $2.45 billion plant in Shanghai to produce electric cars and battery systems
03:14 PM State Street Q3 profit up 13%, misses estimates
Mubasher: State Street Corp. reported a 13% year-on-year growth in profits for the third quarter of 2018
02:58 PM Schlumberger logs $644m profit in Q3
Mubasher: The US-based energy giant Schlumberger Ltd on Friday reported a net income of $644 million, or 46 cents per share, for the third quarter
02:35 PM UK public borrowing hits 11-yr low in September
Mubasher: The UK’s public sector net borrowing, excluding banks, slipped by GBP 800 million year-on-year in September to GBP 4.1 billion
01:35 PM Eurozone’s current account sees EUR 24bn surplus in August
Mubasher: The current account of the Eurozone increased by nearly EUR 5 billion in August, recording a surplus of EUR 24 billion.
01:07 PM China's Q3 GDP growth weakest since 2009
Mubasher: China’s economic growth slowed down to its weakest quarterly pace since 2009 amid escalating trade tensions between the country and the US.
11:40 AM Japan's CPI rises 1.2% in September
Mubasher: Japan's consumer price index grew by 1.2% year-on-year in September amid surging energy costs.
11:14 AM Volvo Q3 profit rises 38%
Mubasher: Volvo AB posted a 38% year-on-year growth in net profit for the third quarter of this year, beating analysts’ forecast of SEK 6.9 billion.
10:36 AM Oil prices edge up Friday amid China-US trade war
Mubasher: Oil prices leveled up on Friday on the back of signs indicating a rise in China’s demand
12:00 AM Oil prices fall to 5 week-low
Nymex futures for November delivery dropped 1.6%
18 October 10:59 PM Gold restores $1,230 level
The yellow metal received a strong support after the Chinese stock exchange fell to its lowest level since 2014
Qatalum will announce the IPO details later in a press conference
18 October 05:28 PM QFMA OKs Qatalum IPO request
Mubasher: Qatar Financial Markets Authority (QFMA) announced that it has approved Qatalum’s (Qatar Aluminium) initial public offering (IPO) application. Qatalum will announce the IPO details later in a press conference, according to QFMA’s recent …
The main index increased 3.36%, or 331.48 points, to close the week at 10,193.01 points.
18 October 05:18 PM QSE adds 331 pts in week; market cap hits QAR 569bn
By: Eman Ghaly Mubasher: The Qatar Stock Exchange (QSE) closed the week ended 18 October in green territory, supported by announcing the companies’ financial results. The main index increased 3.36%, or 331.48 points, to close the week at 10,193.01 …
18 October 04:58 PM Japan’s Takeda gets regulator’s approval to acquire Shire Plc
Takeda on Thursday announced that it has received the Japanese Fair Trade Commission for completing the acquisition of Shire Plc.
This free-of-charge ‘KFHTrade’ service will offer stocks trading
18 October 04:24 PM ‘KFHTrade’ free service to support GCC brokers, investors
Edited By: Ingy ElSafy Mubasher: Kuwait Finance House (KFH) has launched a new service ‘KFHTrade’ in collaboration with KFH Capital for investment Co, according to an official statement by the bank on Thursday. KFHTrade will offer high standards …
18 October 04:07 PM US job claims drop 5,000 in week
US job claims declined by 5,000 in the week ended 13 October recording 210,000 claims from 215,000 claims in the previous week.
EPS amounted to QAR 2.56 for the period ended 30 September
18 October 03:13 PM Ahli Bank logs QAR 537m profit in Q3
Mubasher: Ahli Bank on Thursday reported an increase in its profits for the third quarter of 2018. Net profits amounted to QAR 537.84 million in Q3-18, compared to QAR 518.14 million in Q3-17, according to the bank’s statement to the Qatar Stock …
EPS amounted to QAR 0.09 during the three-month period ended September
18 October 02:56 PM Alijarah Q3 profits rise to QAR 4m
Mubasher: National Leasing Holding (Alijarah) on Thursday posted an increase in its profits for the third quarter of 2018. Net profits amounted to QAR 4.32 million in Q3-18, against losses of QAR 20.21 million in Q3-17, according to a filing to …
18 October 02:47 PM Bank of New York Mellon’s revenues hit $4.07bn in Q3
Bank of New York Mellon Corp on Thursday reported a 1% increase in revenues, reaching $4.07 billion during the third quarter of 2018.