The net buying interests of foreign and domestic funds were seen weakening substantially on the Qatar Stock Exchange this week, which settled a tad below the 10,000 levels.
Arab individuals’ net profit booking pressure Wednesday drove the Qatar Stock Exchange into the negative terrain, but overall its key index stood above the 10,000 levels.
The Qatar Stock Exchange on Tuesday witnessed strong buying interests in four of the seven sectors; yet its key barometer treaded a flat path.
Foreign institutions’ strong buying interests Monday lifted the Qatar Stock Exchange by about 56 points, amidst weakened trading volumes.
The Qatar Stock Exchange on Sunday opened the week weak, despite strong buying interests in Islamic equities. Nevertheless, its key index was above the 10,000 levels.
Foreign funds’ overall bullish outlook helped the Qatar Stock Exchange surpass the 10,000 mark this week, indicating investors’ confidence in the country’s economy and its corporate sector amidst Covid-19 challenges.
Foreign institutions’ increased net buying interests Tuesday lifted the Qatar Stock Exchange above 10,000 levels.
Islamic equities on Monday outshone the conventional ones as the Qatar Stock Exchange settled in the positive trajectory.
Six of the seven sectors witnessed higher than average demand on the Qatar Stock Exchange, which on Wednesday closed 29 points higher and its key index surpassed 9,550 levels.
Islamic equities on Tuesday continued to witness higher demand than the conventional ones on the Qatar Stock Exchange, which overall gained 106 points to surpass 9,500 levels with an ease.
Islamic equities were seen outperforming conventional ones Monday on the Qatar Stock Exchange, which overall gained 19 points to once again cross the 9,400 levels.