More than 57% of the traded constituents extended gains on the Qatar Stock Exchange, whose key index inched near 10,350 levels this week.
Four of the five days witnessed modest to strong buying interests in the Qatar Stock Exchange, thus helping it settle above 10,250 levels this week which saw Qatar Financial Market Authority outline detailed timetable for implementing stock split.
The Qatar Stock Exchange saw its key index break 10,200 levels intra-week but overall it settled a tad below those levels amidst higher volumes.
Higher demand, especially for insurance, transport and industrials equities Tuesday led the Qatar Stock Exchange inch near 10,200 levels.
Foreign institutions’ increased buying interests on Monday lifted the Qatar Stock Exchange above 10,500 levels.
The Qatar Stock Exchange on Sunday opened the week weak, mainly dragged by transport and telecom counters.
Notwithstanding the current unjust economic blockade by the Saudi-led quartet, Qatar Inc displayed robust resiliency with the listed companies' cumulative net earnings improving noticeably during the 12-month ended 2018 vis-à-vis a year ago.
Domestic institutions’ stronger buying interests led the Qatar Stock Exchange gain 192 points in its key benchmark and more than QR4bn in capitalisation this week.
The Qatar Stock Exchange, which witnessed a huge decline initially, was later able to cover some lost ground this week, mainly on domestic funds’ buying support.
Increased buying interests of foreign institutions on Wednesday led the Qatar Stock Exchange (QSE) into a positive trajectory to inch near 10,000 levels.
The Qatar Stock Exchange on Tuesday witnessed increased buying interests from domestic funds, yet its key index settled marginally lower.