The Qatar Stock Exchange was back in the negative trajectory mainly on heightened profit-booking by domestic institutions.
The Qatar Stock Exchange on Tuesday edged down marginally despite strong buying interests in insurance and banking counters.
Strong buying in the five of the seven sectors on Monday helped Qatar Stock Exchange (QSE) gain for the second consecutive day and its key index inched near 9,000 levels.
The Qatar Stock Exchange opened the week stronger, after reaming under bearish spell for the previous three sessions, as foreign and domestic institutions turned bullish.
The Qatar Stock Exchange on Sunday crossed the 9,100 levels mainly on the back on strong buying in industrials, telecom and real estate scrips.
Three of the five days witnessed selling pressure on the Qatar Stock Exchange, which shed 109 points but to settle above 9,000 points this week.
Domestic institutions’ bearish outlook and their foreign counterparts’ weakened net buying on Thursday led the Qatar Stock Exchange shed 22 points but stay above 9,000 levels.
Strong buying interests of foreign funds and the bullish outlook of their domestic counterparts on Wednesday helped the Qatar Stock Exchange drive through positive trajectory, albeit at lower levels.
The Qatar Stock Exchange on Tuesday entered the negative terrain to settle below 9,100 points despite bullish outlook of local and Gulf retail investors.
The Qatar Stock Exchange on Sunday opened the week weak, after four consecutive days of bearish spell, mainly on substantially weakened buying interests of foreign and Gulf funds.