Increased buying interests of foreign institutions on Wednesday led the Qatar Stock Exchange (QSE) into a positive trajectory to inch near 10,000 levels.
The Qatar Stock Exchange on Tuesday witnessed increased buying interests from domestic funds, yet its key index settled marginally lower.
The Qatar Stock Exchange (QSE) on Sunday saw local and Gulf retail investors turn bullish amidst a bearish overhang. The Gulf institutions were also seen bullish, even as the 20-stock Qatar Index settled lower at 9,863.1 points.
The Qatar Stock Exchange (QSE) witnessed 189 points addition to its key benchmark and QR5bn in capitalisation this week which witnessed more than doubled trading volume and turnover.
The Qatar Stock Exchange opened the week with a marginal gain of six points despite strong buying interests at the insurance and transport counters.
Attractive valuations and global index compiler FTSE Russell’s regrouping of certain constituents helped the Qatar Stock Exchange gain 250 points in its key barometer and about QR13bn capitalisation last week.
The Qatar Stock Exchange hit a four-month low last week as its benchmark plummeted 564 points and capitalisation eroded about QR39bn on apprehensions over lackadaisical financial results of certain underlying constituents.
The Qatar Stock Exchange lost heavily, by more than 215 points, in its key index and about QR12bn in capitalisation last week, which witnessed global prices on a general declining trend owing to apprehensions over global economic slowdown.