Strong buying interests from foreign and Gulf institutions on Monday helped the Qatar Stock Exchange break the 10,400 resistance levels.
The Qatar Stock Exchange remained above 10,400 levels for most part of the day on Sunday although it settled below it, but overall it gained 22 points.
The cabinet reshuffle had a profound effect in lifting the overall sentiments in the Qatar Stock Exchange, which inched near 10,400 levels this week.
Robust buying interests of foreign institutions on Thursday helped the Qatar Stock Exchange gain a huge 116 points to inch near 10,400 levels.
The Qatar Stock Exchange (QSE) is in the process of introducing a new electronic system to assist listed companies in producing unified disclosure format.
Strong profit booking, especially in the banking counter, on Tuesday dragged the Qatar Stock Exchange below 10,400 levels.
The cabinet rejig has substantially lifted the sentiments in the Qatar Stock Exchange which gained more than 127 points to cross the 10,450 levels with an ease.
Robust demand, particularly within the banking and industrials counters, on Sunday helped the Qatar Stock Exchange gain 50 points to surpass 10,300 levels.
Increased buying interests of foreign institutions kept up the bullish momentum in the Qatar Stock Exchange, which once crossed the 10,300 levels this week.
Qatar Inc has displayed robust resiliency to the ongoing economic and diplomatic blockade by the quartet as the listed companies' cumulative net earnings were in the positive terrain during the nine-month ended September against a weakened trend in the year ago period.
Increased buying interests of foreign and Gulf institutions Wednesday handed a 138 points jump to the Qatar Stock Exchange, which surpassed 10,300 levels.