Strong buying interests of foreign institutions helped the Qatar Stock Exchange comfortably settle above 10,000 levels this week.
Strong buying – especially in transport and real estate – on Thursday helped Qatar Stock Exchange break the 10,000 resistance level.
Robust demand especially at transport and consumer goods counters rather imparted a 0.6% thrust to the 20-stock Qatar Index to 9,990.17 points.
The Qatar Stock Exchange on Tuesday saw its key index surpass 9,900 levels mainly on the back of weakened selling pressure from domestic funds and local retail investors.
Stronger buying support from foreign institutions on Monday gave a 119 points thrust to the Qatar Stock Exchange, whose key index neared 9,900 levels.
Qatar Stock Exchange (QSE) has seen its market capitalisation reach QR519.5bn at the end of the trading week that closed on Thursday.
Foreign funds’ strong buying interests led the Qatar Stock Exchange make huge gains of 373 points to surpass the pre-blockade levels by a wide margin last week.
A day after making huge gains, the Qatar Stock Exchange on Thursday remained flat despite weakened selling pressure from domestic institutions and local retail investors.
Robust buying – especially in realty, insurance and banking – led the 20-stock Qatar Index gain for the fourth straight session by a huge 1.54% or 151 points to 9,976.51 points.
Foreign institutions’ sustained buying interests on Tuesday lifted the Qatar Stock Exchange for the third straight session and its key index settled above 9,800 levels.
The Qatar Stock Exchange on Monday continued its bullish run for the second day, mainly on the back of strong buying interests of foreign institutions.