Foreign funds’ strong buying interests led the Qatar Stock Exchange make huge gains of 373 points to surpass the pre-blockade levels by a wide margin last week.
Strong buying interests of foreign funds and the bullish outlook of their domestic counterparts on Wednesday helped the Qatar Stock Exchange drive through positive trajectory, albeit at lower levels.
The Qatar Stock Exchange on Sunday opened the week weak despite buying interests in Islamic equities. The 20-stock Qatar Index declined for the second day by 0.3% to 8,891.89 points.
The Qatar Stock Exchange continued its bullish run for the second day on Tuesday to surpass 9,000 levels mainly on strong buying interests of domestic funds.
The Qatar Stock Exchange saw an impressive QR5bn addition in capitalisation amid an overall marginally bearish run this week which witnessed the advent of the world’s largest single-country exchange traded fund ‘QATR’.
The Qatar Stock Exchange on Wednesday surpassed 9,000 levels on strong buying interests, particularly in the telecom and realty counters.
The Qatar Stock Exchange inched near the 9,200 levels mainly on buying interests from foreign and domestic institutions.
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.
The Qatar Stock Exchange on Tuesday surpassed 8,000 levels with ease, mainly on sustained buying interests of foreign institutions.
The Qatar Stock Exchange on Wednesday witnessed marginal gains despite strong buying interests of foreign institutions.