Foreign institutions’ bearish grip on Sunday handed about 67-points losses to the Qatar Stock Exchange, whose key index retreated below 10,400 levels.
The Qatar Stock Exchange (QSE) witnessed strong buying interest for most part of the week and its key index gained more than 208 points to inch near the 10,500 levels.
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 Tuesday inched near 10,400 levels mainly on bullish sentiments of foreign institutions.
The Qatar Stock Exchange on Sunday witnessed strong demand, particularly within the real estate counter, but overall it closed marginally stronger.
The Qatar Stock Exchange witnessed its key index surpass 10,300 levels intra-week but could not keep up the momentum towards the end of this week.
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 (QSE) remained marginally bullish for the second straight session on Monday despite strong selling pressure from local retail investors.