Riding on the wave of higher foreign ownership limits by certain constituents and robust first quarter financial performance, the Qatar Stock Exchange on Wednesday gained more than 97 points to surpass 9,000 levels.
Snapping two days of bullish run, the Qatar Stock Exchange on Wednesday witnessed profit booking pressures that dragged its key index below 8,900 levels.
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.
The Qatar Stock Exchange on Thursday settled marginally higher despite five of the seven sectors having faced selling pressure.
The Qatar Stock Exchange was on a highly volatile mode on Sunday to witness 55 points decline and settle below 9,200 levels.
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.
The Qatar Stock Exchange on Tuesday treaded a flat path despite bullish outlook of local retail investors and considerable weakening of domestic funds’ net selling.