May 6, 2024

QSE Index Rises 16.78 Points at Start of Trading

Doha: The general index of Qatar Stock Exchange (QSE) rose 16.78 points, or 0.17%, at the beginning of trading on Monday, reaching the level of 9,706 points, compared to yesterday’s closing.

The general index was supported by a rise in six sectors: …

Dollar Steady amid Expectations of US Interest Rates Cut

The dollar was broadly steady on Monday as a soft US jobs report boosted wagers that the Federal Reserve may still cut rates this year.

On Monday, the yen was broadly lower, slipping 0.63% to 153.95 per US dollar, down 0.60% to 192.62 per pound and 0…

Gold Rises on Fed Rate Cut Hopes

Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullions appeal.

Spot gold rose 0.3% to $2,309.24 per ounce. US gold futures gain…