Domestic funds’ increased buying interests mainly gave a massive more than 210 points upward thrust to the Qatar Stock Exchange, whose capitalisation added more than QR11bn this week.
The Qatar Stock Exchange plunged about 120 points this week, reflecting the global index compiler MSCI’s rebalancing and its appurtenant repercussions in the regional markets.
The Qatar Stock Exchange on Wednesday witnessed strong gains in the insurance and consumer goods counters but overall it settled lower to remain at sub-10,200 levels.
Global index compiler MSCI’s rebalancing had its repercussions in the regional markets, which reflected in a huge 120 points decline on the Qatar Stock Exchange
Foreign institutions’ strong buying interests Monday drove the Qatar Stock Exchange above 10,300 levels.
Strong buying interests, especially within Islamic equities, Sunday helped the Qatar Stock Exchange soft land in the negative turf.
Domestic institutions’ increasing net profit booking pressure had its dampening effect on the Qatar Stock Exchange
Steep gains in the last two days helped the Qatar Stock Exchange (QSE) reach near 10,400 levels this week, which saw the initial public offering of Baladna
Foreign institutions’ bullish outlook on Wednesday helped the Qatar Stock Exchange to gain 50 points, yet it settled below 10,300 levels.
The Qatar Stock Exchange on Monday gained more than 37 points to cross 10,300 levels, mainly on the back of increased buying interests from the Gulf institutions.
Tuesday’s steep gains helped the Qatar Stock Exchange stay afloat in the positive trajectory near 10,300 levels this week.