The Gulf institutions were on Monday seen net profit takers in the Qatar Stock Exchange, which closed 41 points lower, amid heightened trading.
The Qatar Stock Exchange on Wednesday lost 75 points, mainly dragged by industrials, telecom and consumer goods equities, and its key index retreated below 10,400 levels.
An across the board buying – particularly in insurance and transport counters – on Wednesday lifted the Qatar Stock Exchange 122 points, thus ending four consecutive days of bearish spell.
Huge gains in the global energy market appear to have lifted sentiments in the Qatar Stock Exchange, which shot up 117 points to surpass 10,500 levels with an ease.
The Qatar Stock Exchange continued its bearish run for the seventh consecutive day on Monday to lose 188 points, thus settling below 9,800 levels, mainly dragged by foreign funds.
The Qatar Stock Exchange (QSE) on Tuesday settled marginally lower, mainly dragged by increased selling pressure from domestic funds.
The Qatar Stock Exchange on Monday lost a sizeable more than 140 points in its key index and about QR12bn in capitalisation, mainly owing to strong selling at the industrials and banking counters.
The Qatar Stock Exchange was on Monday swayed by selling pressure in six of the seven sectors but overall it settled marginally lower.
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.