Qatar Stock Exchange on Tuesday witnessed strong rebound as its key index vaulted 470 points to inch near the 9,000 points, and capitalisation gain as much as QR21bn; mainly lifted by real estate, consumer goods and transport stocks.
Qatar Stock Exchange continued to be under bearish spell for the eighth straight session, albeit at lower levels, and its key index fell 11 points; a day after it was bludgeoned by Iranian deal with the UN atomic watchdog.
Increased net profit booking by foreign institutions masked the robust buying support from local retail and institutions that the Qatar Stock Exchange lost a marginal two points.
Qatar Stock Exchange opened the week weak as its key index plunged 93 points to settle below the 9,700 mark and capitalisation erode QR6bn on lingering concerns over low oil prices, geopolitical tension ...
Extremely weak oil prices, rising geopolitical tensions and higher than expected depreciation of Chinese currency led Qatar Stock Exchange (QSE) plunge 662 points; making it the second worst performer in the Gulf region during the first week of 2016.
Oil price fall to an 11-year low and increasing geopolitical tensions on Thursday led Qatar Stock Exchange plunge 304 points in index and QR15bn in capitalisation.
In a show of resiliency, Qatar Stock Exchange on Wednesday gained 111 points, after four consecutive days of fall, to cross the 10,000 mark, mainly lifted by telecom, real estate and banking stocks.
Increased net profit booking by local and foreign institutions on Tuesday led the Qatar Stock Exchange fall 82 points to settle below the 10,000 mark.
The kneejerk reaction of investors on Saudi Arabia-Iran standoff on Monday cast a spell on the Qatar Stock Exchange as it lost a sizeable 272 points to settle a tad above the 10,000 mark.
Qatar Stock Exchange on Sunday opened the year 2016 with a big fall of 116 points as domestic institutions turned net sellers.
The Qatar Stock Exchange gained 37 points to cross the 10,400 mark mainly on the back of buying support from local retail investors.
Local and foreign retail investors as well as Gulf institutions turned net profit takers as the 20-stock Qatar Index was up mere 0.38 points to 10,398.33 points.
