Strong selling, especially in the industrials and transport counters, notwithstanding, the Qatar Stock Exchange on Tuesday remained flat, a day after it made a huge leap.
The Qatar Stock Exchange on Thursday witnessed its key index surpass 9,000 levels and capitalisation top QR500bn mainly on foreign institutions’ renewed buying interests.
Foreign institutions’ strong profit booking pressure on Wednesday dragged Qatar Stock Exchange for the fifth straight session by a huge 277 points to settle below 8,700 levels.
The Qatar Stock Exchange on Tuesday bounced back to inch near 9,200 levels and capitalisation reached above QR504bn mainly on the back of strong bullish outlook of foreign institutions.
The Qatar Stock Exchange on Tuesday surpassed 8,000 levels with ease, mainly on sustained buying interests of foreign institutions.
The buying interest of foreign institutions and individuals on Monday steered the Qatar Stock Exchange to surpass the 7,900 level with ease.
The Qatar Stock Exchange on Wednesday witnessed marginal gains despite strong buying interests of foreign institutions.
Foreign institutions turned bullish on the Qatar Stock Exchange, which otherwise hit a five-year low this week.
The Qatar Stock Exchange continued to remain under bearish sentiments on Thursday as its key index settled at little over 8,400 points despite stronger buying especially at the real estate counter.