The global apprehensions over the efficacy of vaccine against the Omicron variant of Covid-19 had its impact on the Qatar Stock Exchange, which lost about 188 points in key index and QR11bn in capitalisation this week.
The Islamic equities on Wednesday made gains in the Qatar Stock Exchange, which otherwise continued to remain under bearish spell for the sixth consecutive day.
Heavy profit booking, especially in the industrials and real estate counters, Monday dragged the Qatar Stock Exchange more than 100 points and its key barometer slipped below 10,900 levels.
The Qatar Stock Exchange on Tuesday witnessed buying interests in consumer goods and real estate sectors as it stayed afloat in the positive trajectory for the second consecutive day.
The Qatar Stock Exchange on Monday inched near the 12,000 levels, mainly on the back of strong buying interests of the foreign institutions.
The Qatar Stock Exchange on Sunday opened the week on a stronger note as its key barometer inched near the 12,000 points, mainly on the back of strong buying in the banking and industrials sectors.
The Qatar Stock Exchange on Wednesday saw Islamic equities outperform as the main barometer gained 60 points to inch towards the 11,900 levels, mainly lifted by the foreign funds’ increased net buying.
The Qatar Stock Exchange on Wednesday witnessed strong buying interests from foreign funds as it settled above 11,600 levels.
The Qatar Stock Exchange on Tuesday inched near 11,600 levels, mainly lifted by an higher than average demand for real estate, consumer goods, telecom and industrials equities.
The Qatar Stock Exchange, which touched an intraday high of more than 11,600 levels, could not sustain the momentum but overall it settled 16% points higher than the previous close.