Foreign funds’ inflow, owing to FTSE inclusion of 22 local equities in its secondary emerging market indices, lifted the Qatar Stock Exchange on Tuesday.
Foreign institutions bought QR67mn worth of stocks, but it translated to only a marginal 14-point increase in key barometer and mere QR20mn in capitalisation on the Qatar Stock Exchange on Sunday.
All the 22 stocks, which were earlier indicated, have now been confirmed in the global index compiler FTSE Russell's secondary emerging market index.
More than 88% of the stocks in the Qatar Stock Exchange were in the red to drive the index below 10,900 levels, notwithstanding FTSE Russell’s confirmation ...
