Buoyancy in the global oil market and domestic factors led the Qatar Stock Exchange witness its capitalisation surpass QR500bn mark this week.
The Qatar Stock Exchange on Thursday witnessed its key index surpass 9,000 levels and capitalisation top QR500bn mainly on foreign institutions’ renewed buying interests.
The Qatar Stock Exchange on Wednesday continued to remain under buying influence, albeit at lower levels, despite selling pressure in the real estate and insurance counters.
The Qatar Stock Exchange on Tuesday remained under buying spotlight for the second straight session on foreign institutions’ sustained robust demand and capitalisation inched near the QR500bn mark.
QNB Financial Services (QNBFS), a subsidiary of QNB, topped among the 10 brokerage houses in the QSE (Qatar Stock Exchange), constituting 26.32% of the total share trade turnover during January-April this year, according to the collated data from the bourse.
Increased buying interests from foreign funds and local retail investors on Monday drove the Qatar Stock Exchange up to surpass 8,900 levels.
The Qatar Stock Exchange (QSE) on Sunday opened the week weak mainly on strong selling in the telecom and banking counters.
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