A higher than average demand for the Islamic equities on Thursday lifted the Qatar Stock Exchange more than 49 points and its key barometer crossed the 9,600 resistance levels.
The Qatar Stock Exchange on Thursday gained more than 47 points to once again cross the 9,200 level, mainly lifted by the banking equities.
The Qatar Stock Exchange on Wednesday lost 75 points, mainly dragged by industrials, telecom and consumer goods equities, and its key index retreated below 10,400 levels.
The Qatar Stock Exchange on Thursday displayed strong bearish sentiments and its key index retreated below 9,900 levels mainly dragged down by transport and industrials equities.
The Qatar Stock Exchange continued to remain under the bearish spell for the second day on Monday, dropping more than 109 points, mainly dragged by banking and industrials equities.
Rising geopolitical tensions and the US pullout from Iran nuclear deal had their reflections in the Qatar Stock Exchange, which saw more than QR6bn loss in capitalisation this week.
Severe selling, especially in the mid and microcap segments, led Qatar Stock Exchange plunge 282 points in its key index and QR18bn in capitalisation this week which saw the US Fed maintain status quo on its interest rates.
The Qatar Stock Exchange witnessed more than 64% of the traded constituents decline but overall it settled 126 points higher this week, riding on the waves of increased foreign ownership limits in certain underlying scrips.
Qatar Stock Exchange on Wednesday sunk below 8,600 levels mainly on strong selling pressure in the banking, industrials and real estate equities.