A sustained buying support from domestic institutions helped the Qatar Stock Exchange on Tuesday gain 19 points and its key barometer surpassed 9,900 levels.
The Qatar Stock Exchange continued its bearish run for the second straight session on Thursday and its key index fell 18 points, mainly dragged by domestic institutions.
The Qatar Stock Exchange on Tuesday inched towards the 10,700 levels mainly on domestic institutions’ buying interests.
The Qatar Stock Exchange was overall in the negative, losing more than 109 points this week despite stronger buying, particularly within the real estate counter.
The Qatar Stock Exchange opened the week stronger, after reaming under bearish spell for the previous three sessions, as foreign and domestic institutions turned bullish.
Domestic institutions’ bearish outlook and their foreign counterparts’ weakened net buying on Thursday led the Qatar Stock Exchange shed 22 points but stay above 9,000 levels.
Qatar Stock Exchange on Wednesday fell for the third consecutive day and settle below 8,400 levels, mainly on domestic institutions’ profit booking.
Snapping 11 consecutive days of bearish spell, the Qatar Stock Exchange closed in the positive, mainly on strong buying support from domestic institutions.
The Qatar Stock Exchange on Sunday witnessed increased buying support from domestic institutions amidst an overall profit-booking after four consecutive days of strong gains.
Robust buying interests of domestic institutions largely masked the intense selling from their foreign and Gulf counterparts that the Qatar Stock Exchange opened the week strong, albeit at lower levels.
Qatar Stock Exchange plunged 167 points to settle below the 10,300 mark on domestic institutions’ net selling and their foreign counterparts’ lower penchant for buying.