The Qatar Stock Exchange on Thursday witnessed robust buying interests in the telecom and real estate counters but overall it fell 55 points, a day after huge gains.
An across-the-board selling, particularly in the industrials, on Monday dragged the Qatar Stock Exchange more than 274 points for the sixth straight session and its key barometer stood a little above 9,200 points.
The Qatar Stock Exchange remained under selling pressure for the fifth straight session and its key index settled below 9,500 levels despite increased buying interests from local and non-Qatari retail investors.
Domestic funds were increasingly net buyers and local retail investors turned bullish on the Qatar Stock Exchange, which otherwise fell 111 points to settle at sub-10,300 levels.
The Qatar Stock Exchange on Monday snapped a seven-day bull run to decline more than 23 points and settle below 10,700 levels, mainly dragged by the industrials and banking sectors.
The Qatar Stock Exchange on Thursday lost more than 23 points, thus further widening year-to-date losses by 1.47%.
Profit booking pressure, especially within the telecom and banking counters, on Thursday dragged Qatar Stock Exchange below 10,300 levels.
The Qatar Stock Exchange on Wednesday trode a flat path although four of the seven sectors experienced strong buying interests.
The Insurance, banking and industrial equities on Sunday ended two days of bullish run on Qatar Stock Exchange, which fell more than 46 points, even as its 20-stock index remained in the positive terrain year-to-date.
Baladna, a Qatari public shareholding company under incorporation, on Saturday said strategic shares of its initial public offering, comprising 437.2mn of the offer shares ...