The Qatar Stock Exchange opened the week with a 161-point gain owing to strong buying especially in industrials, telecom and insurance equities.
Strong buying interests – especially at the realty, telecom, industrials and banking counters – imparted a more than 101 points thrust to the Qatar Stock Exchange, which on Monday settled near 10,400 levels.
Strong buying – especially in telecom, real estate and transport counters– on Sunday gave more than 102 points thrust to the Qatar Stock Exchange, which inched near 9,000 levels.
The Qatar Stock Exchange witnessed strong buying support from Gulf funds as well as local and non-Qatari retail investors but overall it settled marginally weak.
Qatar Stock Exchange witnessed strong buying in insurance, realty and telecom counters but overall it settled 0.09% lower; yet remained above 9,000 levels.
Strong buying in real estate, insurance and transport could translate into only a marginal gain on the Qatar Stock Exchange.
The Brexit woes-led initial decline had its overall bearish spell in the Qatar Stock Exchange (QSE) which closed the week in the negative terrain, becoming the second worst performer ...
Reflecting the strong gains in the global oil prices, which hit a six-and-a-half month high; Qatar Stock Exchange surpassed the 10,000 mark, mainly on strong buying interests from domestic and foreign institutions.