Qatar Stock Exchange continued to be under bullish spell for the second day and its key index inched near the 10,300 mark; mainly lifted by real estate and consumer goods stocks.
Investors’ penchant for consumer goods, insurance, real estate and banking stocks led Qatar Stock Exchange gain 31 points on more than doubled volumes.
Stronger buying – especially in insurance, real estate, consumer goods and telecom stocks –helped Qatar Stock Exchange gain 30 points to inch near the 10,450 mark.
The Gulf Cooperation Council (GCC) institutions exerted stronger buying pressure to lift the Qatar Stock Exchange by 81 points.
Severe correction – particularly in the banking and consumer goods stocks –led Qatar Stock Exchange lose another 77 points to settle a tad above the 9,400 mark.
