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.
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 central bank governor was speaking during the final day of Euromoney 2017 and discussed some of the data related to the banking and financial sector in the State of Qatar.
Strong buying especially in telecom on Thursday instilled bullish momentum on the Qatar Stock Exchange.
The Qatar Stock Exchange on Wednesday settled below 7,800 levels on an across-the-board selling, particularly in real estate, transport and industrials counters.
The Qatar Stock Exchange on Thursday saw both domestic and Gulf institutions turn net buyers but it still closed in the negative.
The Qatar Stock Exchange on Wednesday witnessed marginal gains despite strong buying interests of foreign institutions.
Foreign funds’ increased buying support and their domestic counterparts’ substantially weakened net selling on Wednesday helped the Qatar Stock Exchange snap three days of bearish spell.
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.
Foreign institutions’ sustained strong buying on Thursday lifted the Qatar Stock Exchange for the fifth consecutive day, albeit at lower levels.
Defying institutional buying support, the Qatar Stock Exchange on Thursday closed in the negative for the third straight session.