The Qatar Stock Exchange closed 30 points higher on Thursday despite five of the seven sectors experiencing profit booking pressures.
Faster decline, especially within the first 60 minutes of opening, had its spell on the Qatar Stock Exchange, which on Monday sunk below 10,300 points.
The Qatar Stock Exchange on Sunday witnessed a roller-coaster ride throughout the trading session and the index settled marginally higher.
Substantial selling pressure especially in the last few minutes of trading drove the Qatar Stock Exchange below 10,400 levels on Sunday.
The Qatar Stock Exchange saw 50% of the traded constituents extend gains; yet it settled lower this week, which saw four of the five days in bearish mode.
Increased selling pressure from foreign institutions on Tuesday extended bearish run in the Qatar Stock Exchange to the fourth consecutive day as capitalisation eroded by another QR3bn.
Foreign funds' increased profit booking pressure on Monday further dragged the Qatar Stock Exchange below 10,400 levels and capitalisation eroded by about QR4bn.
Strong selling – especially at the real estate, telecom and banking counters – on Sunday led the Qatar Stock Exchange to open the week weak and its key index retreated below 10,500 levels.
The Qatar Stock Exchange on Tuesday saw mild profit booking, a day after it gained a huge 117 points, mainly on strong selling pressure at the real estate, insurance and transport counters.
Huge gains in the global energy market appear to have lifted sentiments in the Qatar Stock Exchange, which shot up 117 points to surpass 10,500 levels with an ease.
Global index complier FTSE Russell's reclassification of shares listed on the Qatar Stock Exchange (QSE) is expected to see "significant" trading on those reclassified constituents, according to the local bourse.