Profit booking – especially in real estate, banking and telecom sectors – led Qatar Stock Exchange open the week weak as its key index lost 36 points.
Increased buying interests from Gulf institutions and lower net profit-booking by local retail investors on Wednesday led Qatar Stock Exchange steer back into positive trajectory as its key index gained 22 points.
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 ...
The real estate and insurance counters witnessed some brisk selling as the 20-stock Qatar Index fell a marginal 0.06% to 10,429.36 points.
