Increased selling pressure from local retail investors on Thursday drove the Qatar Stock Exchange down about five points, after four consecutive days of gains.
The Qatar Stock Exchange on Thursday fell for the second straight session, mainly on bearish outlook of the Gulf and foreign institutions.
The Qatar Stock Exchange on Wednesday witnessed strong buying interests from institutions yet it settled marginally lower and a tad below 10,300 levels, even as capitalisation was on the rise.
The Qatar Stock Exchange on Tuesday continued to make marginal gains for the third straight session and its key benchmark crossed the 10,300 levels.
The Qatar Stock Exchange (QSE) remained marginally bullish for the second straight session on Monday despite strong selling pressure from local retail investors.
The Qatar Stock Exchange on Thursday witnessed a huge jump in trading volumes and its key index gained 42 points to cross the 9,900 levels.
Qatar Stock Exchange on Wednesday failed to break the 9,900 levels with its key index retreating 18 points mainly on profit-booking pressure within the insurance, real estate and industrial sectors.
Foreign and Gulf institutions on Tuesday imparted strong bullish momentum to the Qatar Stock Exchange, whose key index gained 89 points to inch near 9,900 levels.
The Qatar Stock Exchange opened the week with a 161-point gain owing to strong buying especially in industrials, telecom and insurance equities.
The Qatar Stock Exchange on Thursday witnessed weakened buying interests of local retail investors and domestic funds; leading it to close 54 points lower.