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.
The Qatar Stock Exchange gained a marginal six points despite stronger buying interests in industrials and transport stocks.
The Qatar Stock Exchange opened the week on a weaker note as its key index lost 59 points, thus failing to break the 10,000 resistance level, mainly dragged by domestic institutions.
Riding high on renewed hopes in the oil market, the Qatar Stock Exchange gained 153 points to inch near the 10,000 mark.
Qatar Stock Exchange witnessed stronger buying interests – especially in the consumer goods and transport stocks – but translated as a marginal 16 points addition, thus failing to break the 9,900 resistance levels.
The Qatar Stock Exchange gained for the second consecutive day, adding 256 points to inch near the 9,900 mark, mainly on increased buying interests of foreign institutions.
Buying was seen more pronounced – especially in the industrials, telecom, consumer goods and transport counters – to lift the 20-stock Qatar Index 1.21% to 9600.97 points.
Reflecting the weak signals from oil market and global worries in the equity front, the Qatar Stock Exchange (QSE) witnessed a weak run, making it the third worst performer among the Gulf bourses during the week.
The Qatar Stock Exchange gained as much as 197 points to inch near the 9,700 points on the back of strong buying support from foreign institutions.
The Qatar Stock Exchange closed the last week of December with a huge 171 points gains to stay above the 10,400 mark.
The Qatar Stock Exchange gained 37 points to cross the 10,400 mark mainly on the back of buying support from local retail investors.
