International factors such as MSCI decision and those relating to global energy front dampened sentiments on the Qatar Stock Exchange, which once touched as high as more than 10,400 levels this week.
Foreign and Gulf funds turned net buyers on the Qatar Stock Exchange, a day after MSCI decided to continue to use official Qatari riyal foreign exchange rate in its Qatar indices.
The Qatar Central Bank (QCB) has dispelled apprehensions of investors in the Qatar Stock Exchange (QSE) over MSCI’s proposed move as it will guarantee an exchange rate equivalent to the Qatari official onshore rates.
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