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 on Tuesday crossed the 10,400 resistance level mainly on buying support from local and non-Qatari retail investors.
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 rallied for the second day as its key index shot up 122 points to surpass the 11,000 mark with an ease, mainly lifted by the sustained buying support from foreign institutions.
Qatar Stock Exchange surpassed the 10,000 mark mainly lifted by local retail investors.
Robust buying interests of domestic, Gulf and foreign institutions on Tuesday lifted the Qatar Stock Exchange by 77 points to inch near the 10,000 mark.
The Gulf Cooperation Council (GCC) institutions exerted stronger buying pressure to lift the Qatar Stock Exchange by 81 points.
Dilemma over whether to cut or freeze oil production appears to have swayed the Qatar Stock Exchange (QSE), which plunged a huge 120 points during the week mainly on net profit booking by foreign institutions.
Banking and transport stocks notably witnessed profit-booking to drag the 20-stock Qatar Index 0.71% to 9,847.36 points.
Qatar Stock Exchange on Wednesday retreated below 10,000 levels despite stronger buying interests in real estate and telecom stocks.
