Doha – Mubasher: The Qatari market is now working to remedy its situation after overcoming the shock of falling oil prices, relying on many internal positive factors in the Qatari Stock Exchange (QSE), financial analyst and economic advisor, Ayoub Eshban, told Mubasher on Tuesday.
“The QSE’s main index will continue its rising in the forthcoming period, supported by the positive performance by the telecom sector, Ooredoo Company and Industries Qatar,”
Eshban explained.
“Slight rises in oil prices in these days gave the market a boost, and restored trust and confidence to shareholders, as Gulf markets were largely affected by the sharp fall in oil prices in the previous period,” he added.
The benchmark index closed Monday in green at the level of 10,397.95 points, with an increase of 0.92% or 95.15 points.