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.
An across-the-board selling, particularly in the consumer goods and banking sectors, on Wednesday drove the Qatar Stock Exchange down below 10,200 levels.
Foreign institutions’ weakened buying interests Tuesday led the Qatar Stock Exchange shed more than 100 points to retreat below 10,400 levels.
Strong buying interests from foreign and Gulf institutions on Monday helped the Qatar Stock Exchange break the 10,400 resistance levels.
The Qatar Stock Exchange remained above 10,400 levels for most part of the day on Sunday although it settled below it, but overall it gained 22 points.
The cabinet reshuffle had a profound effect in lifting the overall sentiments in the Qatar Stock Exchange, which inched near 10,400 levels this week.
Increased buying interests of foreign institutions kept up the bullish momentum in the Qatar Stock Exchange, which once crossed the 10,300 levels this week.
Qatar Inc has displayed robust resiliency to the ongoing economic and diplomatic blockade by the quartet as the listed companies' cumulative net earnings were in the positive terrain during the nine-month ended September against a weakened trend in the year ago period.
Increased buying interests of foreign and Gulf institutions Wednesday handed a 138 points jump to the Qatar Stock Exchange, which surpassed 10,300 levels.
Local retail investors’ increased net selling and lower buying interests of foreign funds yesterday dragged the Qatar Stock Exchange.
The Qatar Stock Exchange Sunday opened the week on almost a flat note despite buying interests of local retail investors and foreign institutions.