The Qatar Stock Exchange on Sunday opened the week on a stronger note and its key index gained 38 points, mainly lifted by foreign institutions.
Qatar Stock Exchange (QSE) saw four of the five sessions under bearish spell, making it the second worst performer during the week, which saw global oil prices await clues from the Organisation of the Petroleum Exporting Countries (Opec).
Qatar Stock Exchange was back in the negative terrain on Thursday as its key index fell 40 points, mainly on domestic institutions’ net selling and lower buying interests from their Gulf counterparts.
Qatar Stock Exchange on Wednesday snapped three days of bearish spell to gain 34 points, mainly on the back of sustained buying by Gulf institutions
Qatar Stock Exchange continued to remain under bearish spell for the third straight session, amid heightened trading, mainly dragged by insurance, industrials and realty stocks.
More than 93% of the traded stocks were in the red as Qatar Stock Exchange on Monday fell for the second day by a huge 124 points to settle below the 9,600 mark, reflecting the weak oil prices in the world market.
Qatar Stock Exchange on Sunday opened the week weak, amidst extremely shallow trading ahead of Ramadan, and its key index fell below the 9,700 levels, mainly on lower buying interests from Gulf and foreign institutions.
Qatar Stock Exchange gained for the second day, albeit at lower levels, to stay above the 9,700 levels, mainly lifted by consumer goods, banking and industrials stocks.
Domestic and foreign institutions’ buying support on Wednesday steered the Qatar Stock Exchange back in positive terrain and its key index surpassed the 9,700 levels.
Qatar Stock Exchange was back in the negative trajectory on Tuesday, mainly steered by foreign and Gulf institutions’ net selling.
Snapping three consecutive days of bearish run, the Qatar Stock Exchange on Monday saw its index gain marginally to inch near the 9,700 mark, mainly on foreign institutions’ buying support.
The Qatar Stock Exchange on Sunday opened the week weak and its key index retreated below the 9,700 levels mainly on lower buying interests from local and non-Qatari retail investors as well as domestic institutions.
