Domestic funds turned bullish and there was substantially lower net selling by local retail investors on the Qatar Stock Exchange (QSE), which otherwise had once touched a six-year low this week.

Foreign institutions’ stronger buying support and weaker net selling by their Gulf counterparts on Wednesday led Qatar Stock Exchange gain 69 points to surpass the 10,650 mark.

Foreign institutions’ increased net selling and local retail investors’ bearish outlook on Tuesday led the Qatar Stock Exchange languish in the negative terrain for the second straight session.

Qatar Stock Exchange was back in the negative trajectory on Tuesday, mainly steered by foreign and Gulf institutions’ net selling.

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.