The Qatar Stock Exchange on Wednesday settled near the 11,000 mark, mainly supported by telecom and banking stocks. The 20-stock Qatar Index gain 78 points or 0.71% to 10,996.41 points.
The Qatar Stock Exchange on Thursday gained for the third straight session to add another 23 points but failed to break the 9,800 mark.
Snapping three days of bearish spell, the Qatar Stock Exchange on Tuesday gained 52 points to inch near the 9,800 mark, mainly on the back of buying support from domestic, Gulf and foreign institutions.
The Qatar Stock Exchange on Sunday opened the week weak and its key index retreated below the 9,700 levels mainly on lower buying interests from local and non-Qatari retail investors as well as domestic institutions.
Robust buying support from local retail investors and foreign institutions extended the bullish run in the Qatar Stock Exchange and its key index inched near the 10,400 mark.
Notwithstanding a stalemate at the producers’ meet to discuss the output freeze, the Qatar Stock Exchange on Monday gained 42 points to surpass the 10,200 mark.
Increased buying interests from Gulf institutions and lower net profit-booking by local retail investors on Wednesday led Qatar Stock Exchange steer back into positive trajectory as its key index gained 22 points.
The Qatar Stock Exchange on Tuesday plummeted 225 points, losing for the third straight session, to settle a tad above the 10,000 mark mainly dragged by local and non-Qatari retail investors.
The Qatar Stock Exchange rallied for the fourth straight session to add another 67 points and inch near the 9,550 mark mainly on the back of buying support from foreign and domestic institutions.