Qatar Stock Exchange (QSE) continued to be the worst performer among the Gulf bourses with it losing a sizeable more than QR15bn in capitalisation and 303 points in the key index during the week...
Ahead of Eid al-Adha holidays, the Qatar Stock Exchange on Thursday witnessed higher trading turnover and volumes but its key benchmark lost 100 points to settle below the 10,600 mark.
Gulf institutions’ higher selling pressure and extremely weak buying support from their foreign counterparts on Wednesday led the Qatar Stock Exchange to lose another 78 points to settle below the 10,700 mark.
Qatar Stock Exchange will remain closed next week in view of Eid Al Adha holidays.
Qatar Stock Exchange on Tuesday lost heavily to settle just above the 10,700 mark as domestic institutions were increasingly net sellers.
Domestic institutions turned increasingly net sellers on Monday to drive the Qatar Stock Exchange down 11 points as its key index failed to break the 10,900 resistance level.
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.
Notwithstanding the inclusion of all its 22 indicated scrips in the FTSE Russell emerging market index, Qatar Stock Exchange (QSE) was the worst performing bourse in the Gulf region as domestic institutions played spoilsport during the week.
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 ...
The Qatar Stock Exchange suffered its largest one-day loss since January this year and its key index sunk below 11,000 points and capitalisation eroded QR16bn as domestic and Gulf institutions hurriedly squared off their positions.
Foreign institutions’ robust buying on Tuesday drove the Qatar Stock Exchange to above 11,300 levels. The 20-stock Qatar Index gained 0.47% or 53 points to 11,314.55 points.
Stronger buying support from Gulf and foreign institutions led Qatar Stock Exchange gain another 64 points to settle close to the 11,300 mark.