Doha – Mubasher: The Qatar Stock Exchange’s (QSE) main index will continue its volatile and bearish performance for days or weeks, an earlier forecast that financial analyst Ayoub Eshban is maintaining on Wednesday, after the benchmark plunged 3.09% yesterday in line with his expectation, referring to his own statement to Mubasher in which he explained that “Investors’ psychological sentiment is affected by reports about global oil prices and USD interest rates.”
QSE benchmark index closed Tuesday’s trading with a fall of 3.09% or about 322 points, reaching the level of 10,096.51 points.
“The falls by the main index in the past few days, including yesterday’s sharp fall, were a result of external factors, topped by decreasing oil prices that are showing no signs of easing, which raised concerns globally and by the geopolitical situation in the region,” Eshban told Mubasher.
