The Qatar Stock Exchange witnessed robust buying support from the foreign and domestic funds, although it settled lower this week
Foreign institutions’ increased net buying interests Thursday lifted the Qatar Stock Exchange more than 107 points, a day after the US hinted at diffusing the crisis.
The Qatar Stock Exchange Wednesday saw strong buying support from foreign and domestic funds but overall it settled 44 points lower for the second day.
The Qatar Stock Exchange Tuesday witnessed mild profit booking pressure to sink below 10,400 levels, a day after it gained huge 122 points, mainly dragged by telecom, insurance and industrials sectors.
A resilient Qatar Stock Exchange Monday gained 122 points, on the back of strong buying interests of foreign institutions, after two consecutive days of sell-off owing to rising geopolitical uncertainty.
Domestic funds on Sunday extended substantial buying support to the Qatar Stock Exchange, which, however, fell 225 points to settle below 10,400 points
Robust buying especially on the last day placed the Qatar Stock Exchange above 10,500 levels this week which witnessed oil price surge on increased tensions in the region.
Stronger buying interests from foreign funds and local retail investors Monday drove the Qatar Stock Exchange up more than 31 points to 10,450 points.
The Qatar Stock Exchange touched a high of 10,515 points before settling at 10,426 points this week which saw foreign institutions strong buying sentiments.
The Qatar Stock Exchange on Wednesday a made 15 points gain, but remained below 10,500 levels, mainly lifted by insurance, banks, consumer goods and transport sectors.
The Qatar Stock Exchange Tuesday fell more than 85 points to retreat below 10,500 levels, mainly dragged by foreign institutions.