Foreign institutions’ sustained buying interests on Tuesday lifted the Qatar Stock Exchange for the third straight session and its key index settled above 9,800 levels.
The Qatar Stock Exchange largely remained flat on Wednesday despite strong buying interests in the Islamic equities.
Strong buying interests of foreign institutions on Monday imparted sufficient thrust to the Qatar Stock Exchange, whose key sensitive index surpassed 9,400 levels.
Qatar Stock Exchange on Wednesday witnessed buying interests for the third straight session, mainly lifted by telecom, insurance and consumer goods.
The Qatar Stock Exchange on Sunday opened the week on a stronger note, mainly on the back of strong buying interests in transport, insurance and consumer goods.
The Qatar Stock Exchange on Monday shot up more than 132 points to cross the 9,100 levels.
The Qatar Stock Exchange on Sunday snapped four consecutive days of bullish run to witness its key index settle at sub-9,000 levels and capitalisation retreat below QR500bn.
Rising geopolitical tensions and the US pullout from Iran nuclear deal had their reflections in the Qatar Stock Exchange, which saw more than QR6bn loss in capitalisation this week.
Qatar Stock Exchange on Thursday largely treaded a flat course despite strong buying at the transport, consumer goods, banking and telecom counters.
Robust buying interests of local retail investors notwithstanding, the Qatar Stock Exchange on Wednesday saw further profit booking to drag its index, which stood above 9,200 points.
The Qatar Stock Exchange on Thursday stood above 9,200 level and capitalisation rose to QR505bn on the back of strong buying in consumer goods, banking and telecom counters.
An across-the-board buying — particularly in the insurance and real estate — lifted the Qatar Stock Exchange (QSE) above 9,100 levels and market capitalisation exceeded QR500bn this week.