QE Index rises over 250 points in Oct – The Peninsula Qatar

QE Index rises over 250 points in Oct – The Peninsula Qatar

Doha: Qatar’s stock market continues to maintain its bullish momentum. The Qatar Stock Exchange (QE) Index has not only ended the month on a positive note but has also wrapped up a week with strong gains. The Index has surged 279 points or 2.4 percent during October, reflecting the growing interest of domestic and global investors. 

The index had closed at 11,485 on the last trading day of September and closed at 11,764 points on October 31. It was the second consecutive month of gains for the stock market has the index had surged close to 400 points in September, making it the highest monthly gain of 2021.