An across the board buying – particularly in insurance and transport counters – on Wednesday lifted the Qatar Stock Exchange 122 points, thus ending four consecutive days of bearish spell.
The Qatar Stock Exchange on Thursday witnessed a huge jump in trading volumes and its key index gained 42 points to cross the 9,900 levels.
Qatar Stock Exchange on Wednesday failed to break the 9,900 levels with its key index retreating 18 points mainly on profit-booking pressure within the insurance, real estate and industrial sectors.
The Qatar Stock Exchange opened the week weak with its key index retreating below 9,900 levels as Gulf funds turned bearish and there was weakened net buying support from non-Qatari institutions.
Foreign institutions’ substantially stronger buying interests on Monday lifted the Qatar Stock Exchange above 9,100 levels and capitalisation expanded more than QR11bn.
Strong buying in the five of the seven sectors on Monday helped Qatar Stock Exchange (QSE) gain for the second consecutive day and its key index inched near 9,000 levels.
Qatar Stock Exchange opened the week weak but overall it continued to remain above 8,600 levels.
Qatar Stock Exchange opened the week on a stronger note with its key index surpassing 7,800 levels, mainly on the back of robust buying in the real estate, industrials and transport counters.
More than 88% of the stocks in the Qatar Stock Exchange were in the red to drive the index below 10,900 levels, notwithstanding FTSE Russell’s confirmation ...