The Qatar Stock Exchange on Thursday witnessed profit-booking pressure, particularly from non-Qatari individuals and foreign funds, and settled lower but continued to remain above 9,000 levels.
The Qatar Stock Exchange on Thursday settled marginally higher despite five of the seven sectors having faced selling pressure.
An across-the-board buying on Wednesday gave a huge 236 points thrust to the Qatar Stock Exchange, which overcame the three days of bearish spell to settle near 8,900 levels.
The Qatar Stock Exchange witnessed strong buying interests from domestic funds and local retail investors; yet it fell 122 points to settle below 9,400 levels.
Foreign funds’ bullish outlook on Monday steered the Qatar Stock Exchange back onto the positive trajectory as capitalisation touched QR516bn.
Strong correction, especially in realty and insurance, drove the Qatar Stock Exchange down on Wednesday, even as it stood above 9,100 levels.
The Qatar Stock Exchange on Tuesday bounced back to inch near 9,200 levels and capitalisation reached above QR504bn mainly on the back of strong bullish outlook of foreign institutions.
Qatar Stock Exchange (QSE) witnessed strong buying interests, especially in insurance, real estate and transport, but overall it settled in the negative this week.
The Qatar Stock Exchange was back in the positive trajectory on an across-the-board buying, particularly at the realty, insurance and transport counters.