Increased buying interests from foreign funds and local retail investors on Monday drove the Qatar Stock Exchange up to surpass 8,900 levels.
Rising geopolitical tensions and the US pullout from Iran nuclear deal had their reflections in the Qatar Stock Exchange, which saw more than QR6bn loss in capitalisation this week.
An across-the-board selling — notably in realty, telecom and insurance — on Thursday led the Qatar Stock Exchange plummet 148 points for the fourth straight session and capitalisation erode more than QR9bn.
The Qatar Stock Exchange on Tuesday extended gains to the second straight session to inch near 9,000 points, mainly lifted by real estate and insurance scrips.
The Qatar Stock Exchange on Thursday witnessed local retail investors turn bearish and their non-Qatari counterparts increasingly book profits, after three consecutive days of a bull-run.
The Qatar Stock Exchange saw an impressive QR5bn addition in capitalisation amid an overall marginally bearish run this week which witnessed the advent of the world’s largest single-country exchange traded fund ‘QATR’.
The Qatar Stock Exchange (QSE) on Tuesday gained for the second consecutive day to inch near 9,000 levels, mainly on the back of strong buying interests of domestic institutions.
Vodafone Qatar on Tuesday almost touched the upper 10% circuit filter in an otherwise bearish Qatar Stock Exchange, which continued to remain at sub-9,000 levels for the second straight session.
The Qatar Stock Exchange (QSE) largely reflected the sentiments in the global markets and plummeted 314 points to settle at sub-9000 levels this week.
The Qatar Stock Exchange on Thursday settled marginally higher despite five of the seven sectors having faced selling pressure.