Domestic institutions and foreign individuals were increasingly net buyers on the Qatar Stock Exchange, which closed in the positive trajectory, albeit at lower levels.
The domestic and Gulf institutions were increasingly into net buying on the Qatar Stock Exchange, which on Thursday lost more than 103 points, reflecting the weak sentiments in the Asian markets.
Domestic institutions’ increased net selling on Thursday dragged the Qatar Stock Exchange 84 points, yet its key index stood above 9,300 levels.
Domestic and foreign funds’ net profit booking pressure on Wednesday steered the Qatar Stock Exchange back into negative turf and its key barometer lost 19 points.
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.