Qatar Stock Exchange witnessed strong buying in insurance, realty and telecom counters but overall it settled 0.09% lower; yet remained above 9,000 levels.
The Qatar Stock Exchange on Wednesday surpassed 9,000 levels on strong buying interests, particularly in the telecom and realty counters.
The Qatar Stock Exchange on Sunday opened the week weak, mainly on selling pressure in the banking and realty counters.
The Qatar Stock Exchange was back in the positive trajectory on an across-the-board buying, particularly at the realty, insurance and transport counters.
Strong buying, especially in the telecom and realty counters, gave a robust thrust to the Qatar Stock Exchange, which inched near 8,200 levels.
Foreign institutions were found increasingly net buyers on the Qatar Stock Exchange, which otherwise fell for the third straight session to settle at little over 8,200 points.
The Qatar Stock Exchange opened the week on a marginally stronger note despite strong buying in the real estate counter.
The Qatar Stock Exchange (QSE) witnessed more than 70% of its stocks in the red but overall its key index settled marginally down this week.
The four-month low global oil prices rather limited the FTSE Russell-induced gains on the Qatar Stock Exchange (QSE) this week.
The Qatar Stock Exchange yesterday settled below 10,600 levels, having seen its key index wipe off 393 points since Sunday.