The Qatar Stock Exchange Sunday opened the week weak and its key barometer fell below 10,600 levels, mainly dragged by industrials, real estate and transport sectors.
The Qatar Stock Exchange, which surpassed 10,700 levels on the opening day, however, could not sustain its momentum in the later sessions, thus overall settling lower this week.
Foreign institutions' increased buying support on Monday lifted the Qatar Stock Exchange near 10,600 levels, reflecting the eased tensions in the region.
The Qatar Stock Exchange gained for the second day Sunday with its key index surpassing the 10,500 levels, mainly on real estate and transport equities.
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.
The Qatar Stock Exchange opened 2020 on a stronger note Thursday as its key benchmark surpassed the 10,500 resistance levels with an ease, primarily lifted by foreign institutions.