Ahead of Eid Al-Fitr holidays, domestic institutions increasingly bought equities, thus lifting the Qatar Stock Exchange more than 17 point on Thursday.
The increased buying interests of domestic and Gulf institutions on Wednesday lifted the Qatar Stock Exchange more than 100 points to place its key barometer above 8,700 levels with an ease.
Domestic institutions’ increased buying interests on Thursday drove the Qatar Stock Exchange above 10,000 levels intraday and overall it settled 56 points higher.
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The Qatar Stock Exchange witnessed buying interests from foreign and domestic funds, even as it overall settled in the negative for the third straight session to close a tad above 8,500 levels.
Strong buying support from domestic and foreign funds notwithstanding, the Qatar Stock Exchange settled lower at sub-8,000 levels.
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Reflecting the strong gains in the global oil prices, which hit a six-and-a-half month high; Qatar Stock Exchange surpassed the 10,000 mark, mainly on strong buying interests from domestic and foreign institutions.
Domestic and Gulf institutions’ increased selling pressure masked the robust buying support from local retail investors and foreign institutions that the Qatar Stock Exchange ...
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