Strong buying interests of foreign institutions helped the Qatar Stock Exchange comfortably settle above 10,000 levels this week.
Strong buying – especially in transport and real estate – on Thursday helped Qatar Stock Exchange break the 10,000 resistance level.
The Qatar Stock Exchange was back in the negative trajectory to retreat below 9,000 points mainly on increased profit booking by foreign institutions.
The Qatar Stock Exchange on Thursday slipped for the second straight sessions to sub-8,900 levels, mainly on selling pressure in real estate and banking counters.
The Qatar Stock Exchange on Monday shot up more than 132 points to cross the 9,100 levels.
The Qatar Stock Exchange on Sunday snapped four consecutive days of bullish run to witness its key index settle at sub-9,000 levels and capitalisation retreat below QR500bn.
HE al-Mahmoud said that the Advisory Council, in its first session during this blessed month, recalls the unjust siege imposed on the country in this holy month last year.
An across-the-board selling – particularly in telecom, real estate, banking and industrials – on Tuesday snapped two consecutive days of bullish run in the Qatar Stock Exchange and its key barometer shrank 114 points.