Strong buying especially in telecom on Thursday instilled bullish momentum on the Qatar Stock Exchange.
Strong buying, especially in the telecom and realty counters, gave a robust thrust to the Qatar Stock Exchange, which inched near 8,200 levels.
The Qatar Stock Exchange on Tuesday gained for the third straight session, mainly on the back of strong buying interests in the industrials and telecom equities.
Domestic institutions and non-Qatari individual investors were seen increasingly bullish on the Qatar Stock Exchange, which otherwise treaded along a negative trajectory this week.
Although local retail investors were increasingly net buyers, the 20-stock Qatar Index shrank 0.52% to hit another multi-year low of 8,427.77 points.