Stronger buying, especially in the insurance, could however translate as only a marginal 10 points increase in the key index of Qatar Stock Exchange, which failed to break the 9,900 resistance level.
Qatar Stock Exchange witnessed strong selling and its key index fell 196 points to settle at a tad above 9,800 levels, as speculation was rife over US Fed rate hike...
Foreign and Gulf institutions’ buying support extended the bullish run in the Qatar Stock Exchange for the sixth straight session and its key index inched near the 10,000 mark as global oil prices surged overnight.
Qatar Stock Exchange continued to be marginally bearish with its key index settling eight points lower despite stronger buying support from foreign institutions.
The oil price plunge to less than $30 a barrel has had a cascading effect on the Qatar Stock Exchange (QSE), the second worst performer among the Gulf bourses ...