The Qatar Stock Exchange was on a highly volatile mode on Sunday to witness 55 points decline and settle below 9,200 levels.
The Qatar Stock Exchange stood high above 9,200 levels despite decliners outnumbering gainers and selling pressure within small and midcap equities this week.
The Qatar Stock Exchange on Thursday stood above 9,200 level and capitalisation rose to QR505bn on the back of strong buying in consumer goods, banking and telecom counters.
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.
An across-the-board buying — particularly in the insurance and real estate — lifted the Qatar Stock Exchange (QSE) above 9,100 levels and market capitalisation exceeded QR500bn this week.
Foreign funds’ strong bullish outlook on Monday helped the Qatar Stock Exchange gain 225 points to comfortably inch near 9,000 levels.
Qatar Stock Exchange on Sunday opened the week on a stronger note to surpass 8,700 levels with an ease mainly on increased buying interests of local retail investors.
Small and micro-cap equities stole the limelight this week in the Qatar Stock Exchange, which settled at more than 8,600 points.
The Qatar Stock Exchange on Wednesday remained above the 8,600 level although it witnessed a minor correction owing to selling pressure, especially in insurance, real estate, industrials and consumer goods.
The Qatar Stock Exchange on Tuesday opened the year on a stronger footing with its key barometer surpassing 8,600 levels on an across the board buying, particularly in the real estate and consumer goods counters.