The Qatar Stock Exchange on Wednesday closed the week weak, mainly dragged by the real estate, industrials and consumer goods sectors.
Qatar’s real estate sector saw some 53 property deals exceeding QR328mn in the period between March 15 and 19, Ezdan said in a report on Thursday.
The Qatar Stock Exchange on Thursday witnessed robust buying interests in the telecom and real estate counters but overall it fell 55 points, a day after huge gains.
Strong selling – especially at the real estate, telecom and banking counters – on Sunday led the Qatar Stock Exchange to open the week weak and its key index retreated below 10,500 levels.
The Qatar Stock Exchange on Tuesday saw mild profit booking, a day after it gained a huge 117 points, mainly on strong selling pressure at the real estate, insurance and transport counters.
Across-the-board price corrections have made Qatar market "tenant friendly" in real estate sector, whose size is slated to see expansion fundamentally, according to KPMG ...
The Qatar Stock Exchange on Wednesday gained for the second straight session to inch near 9,900 levels, mainly on strong buying, especially at the real estate, telecom and industrials counters.
Qatar's move to increase the freehold residential zones from three to 10 will have a positive impact on the sector, according to DTZ Qatar, a leading real estate services firm.
The transport, real estate and insurance counters on Thursday witnessed stronger demand, leading the Qatar Stock Exchange to inch near 10,800 levels.
Strong buying in real estate and industrials on Thursday helped the Qatar Stock Exchange to snap three days of bearish spell as its key benchmark gained 23 points.
Strong selling, especially in real estate and banking sectors, led the Qatar Stock Exchange to close in the negative on Sunday.