An across the board selling – particularly in telecom, insurance and banking counters –extended the bearish spell in Qatar Stock Exchange for the fourth consecutive day and its key index settled below the 9,800 mark.
Domestic and Gulf institutions’ increased selling pressure masked the robust buying support from local retail investors and foreign institutions that the Qatar Stock Exchange ...
An across the board selling – particularly in the real estate, telecom and consumer goods stocks –led Qatar Stock Exchange knock off 153 points to settle below the 10,000 mark ...
Stronger selling, especially in the real estate and industrials stocks, dragged the Qatar Stock Exchange 96 points to settle below the 10,100 mark.
Qatar Stock Exchange opened the week largely flat despite stronger buying interests in the real estate and consumer goods.
An overall bearish overhang was visible in the Qatar Stock Exchange (QSE) during the week, which saw the debut of Qatar First Bank (QFB) on the bourse.
The newly listed Qatar First Bank (QFB), which constituted more than one-third of total trading volume, witnessed decline in an otherwise bullish Qatar Stock Exchange, which gained 27 points on Thursday.
Qatar First Bank (QFB) saw its shares settle 36% higher than its book value; but an overall bearish overhang led the Qatar Stock Exchange to close in the red for the fourth straight session.
Qatar Stock Exchange continued to be under bearish spell, albeit at lower levels, mainly dragged by profit booking pressure from local, Gulf and foreign individual investors.
Qatar Stock Exchange fell for the second day by another 78 points to sink below the 10,200 mark, dragged by consumer goods, industrials and real estate stocks.
Snapping four days of bullish run, Qatar Stock Exchange suffered heavily with its key index losing 133 points to settle below the 10,300 mark on an across-the-board selling.
Qatar Stock Exchange (QSE) was the second best performer among the Gulf bourses, registering robust 158 points gains, during the week.
