The Qatar Stock Exchange on Thursday displayed strong bearish sentiments and its key index retreated below 9,900 levels mainly dragged down by transport and industrials equities.
The Qatar Stock Exchange on Sunday opened the week with minor gains despite five of the seven sectors reeling under selling pressure.
The Qatar Stock Exchange continued to remain under the bearish spell for the second day on Monday, dropping more than 109 points, mainly dragged by banking and industrials equities.
Strong buying – especially in transport and real estate – on Thursday helped Qatar Stock Exchange break the 10,000 resistance level.
The Qatar Stock Exchange largely remained flat on Wednesday despite strong buying interests in the Islamic equities.
The Qatar Stock Exchange on Tuesday overcame selling pressure from local retail investors as it settled marginally higher amidst lower trade turnover.
Strong buying interests of foreign institutions on Monday imparted sufficient thrust to the Qatar Stock Exchange, whose key sensitive index surpassed 9,400 levels.
The Qatar Stock Exchange saw six of the seven sectors under bearish spell, yet it settled in the positive terrain on Sunday.
The Qatar Stock Exchange was back in the negative trajectory to retreat below 9,000 points mainly on increased profit booking by foreign institutions.
Ahead of the Eid holidays, the Qatar Stock Exchange on Thursday snapped five days of bearish spell, amidst heavy trading, especially due to the banking scrips.