The Qatar Stock Exchange largely remained flat despite buying support from foreign retail investors and lower selling pressure from domestic and Gulf institutions.
Qatar Stock Exchange on Wednesday fell 40 points to retreat below the 10,400 levels, mainly dragged by consumer goods and real estate stocks.
Qatar Stock Exchange inched near the 10,400 mark and capitalisation gained QR10bn, mainly on buying support from domestic and foreign institutions.
Firm oil prices had had its reflection on the equity front with the Qatar Stock Exchange (QSE) gaining a robust 289 points to surpass the 10,100 mark and capitalisation enhance about QR14bn during the week.
Qatar Stock Exchange surpassed the 10,000 mark mainly lifted by local retail investors.
Mall of Qatar has won the Retail Leadership Award in the real estate category at Asia Retail Congress 2016 held recently in Mumbai, India.
Qatar Stock Exchange on Wednesday retreated below 10,000 levels despite stronger buying interests in real estate and telecom stocks.
Riding high on renewed hopes in the oil market, the Qatar Stock Exchange gained 153 points to inch near the 10,000 mark.
The Qatar Stock Exchange gained as much as 197 points to inch near the 9,700 points on the back of strong buying support from foreign institutions.
Domestic institutions turned net profit takers to drag the 20-stock Qatar Index down 1.52% to 9,486.71 points.
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.
Increased net profit booking by foreign institutions masked the robust buying support from local retail and institutions that the Qatar Stock Exchange lost a marginal two points.