The Qatar Stock Exchange on Wednesday witnessed strong buying interests from foreign funds as it settled above 11,600 levels.
The Qatar Stock Exchange on Tuesday inched near 11,600 levels, mainly lifted by an higher than average demand for real estate, consumer goods, telecom and industrials equities.
The Qatar Stock Exchange, which touched an intraday high of more than 11,600 levels, could not sustain the momentum but overall it settled 16% points higher than the previous close.
QIIB recently held a training day for the bank’s board members in line with the Directors Annual Training Plan in order to meet the requirements of the corporate governance regulations issued by the Qatar Central Bank as well as governance regulations
The Qatar Stock Exchange largely remained under bullish spell, leading the index once to surpass the 11,600 levels, as foreign institutions were increasingly net buyers this week.
The foreign institutions’ increased net buying yesterday lifted the Qatar Stock Exchange above 11,600 levels.
The Qatar Stock Exchange Wednesday gained 45 points to cross the 11,400 points, mainly on the back of strong buying interests of the Gulf institutions.
Foreign institutions were seen increasingly into net buying even as the Qatar Stock Exchange was largely flat but remained above 11,300 points.
The Qatar Stock Exchange saw increased buying interests of local retail investors and foreign funds, even as it settled in the negative for the second straight session.
The Qatar Stock Exchange (QSE), which is the first bourse in the region to launch sustainability platform three years ago, finds promising potential for high returns by integrating ESG or environmental, social and governance framework across the investment spectrum.