• Register

Qatar market index sticks at the mid-Bollinger band

: Sunday, June 08 - 2014 @ 18:00

Qatar market index sticks at the mid-Bollinger band

The Doha-based QE 20 Index declined by 0.62 per cent to reach 13,149.55 points on Sunday, June 8. The gauge has been fluctuating around the mid-Bollinger band for the last four trading sessions, indicating a fierce fight between bulls and bears.

Oswald Gruebel, former CEO of Switzerland’s biggest bank UBS, says in his weekly column in the Schweiz am Sonntag, the biggest crash of all times was “pre-programmed”, as central banks globally inflated their balance sheets in the wake of the financial crisis.

Shares ended mixed, amid a lack of catalysts. Salam International gained the most (up by 6.97 per cent at QAR17.80). Rayan recorded the biggest drop, ending off by 2.70 per cent to QAR57.90.

Gérard Al-Fil

Today's Top Stories

Posted by

Sunday, June 8- 2014 @ 18:00 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs