The Qatar Stock Exchange saw gains in about 67% of the traded stocks, mostly small and midcaps with Islamic equities outshining, but overall its key barometer largely remained flat.
Gains on the last day notwithstanding, more than 61% of the stocks were in the red, leading the Qatar Stock Exchange (QSE) traverse through a negative trajectory during the week, apparently reflecting the weak sentiments on corporate results.
Real estate and industrials stocks drove the Qatar Stock Exchange below the 10,400 mark.
Industrials and real estate stocks witnessed higher profit booking pressure to drive the Qatar Stock Exchange down 28 points; but overall it managed to stay above the 10,400 mark.
Tokyo stocks led a broad retreat in Asian markets Wednesday as the yen recovered, while regional energy firms struggled with crude prices on concern about the chances of success ...
The Qatar Stock Exchange on Sunday opened the week on a strong note as its key index gained 23 points, mainly lifted by industrials and real estate stocks.
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.
All the 22 stocks, which were earlier indicated, have now been confirmed in the global index compiler FTSE Russell's secondary emerging market index.
Snapping four days of bullish run, Qatar Stock Exchange lost 88 points to retreat below the 11,400 mark, mainly led by realty and banking stocks.
The Qatar Stock Exchange settled near the 11,000 mark, mainly supported by telecom and banking stocks.
About 60% of the stocks witnessed gains but Qatar Stock Exchange fell marginally on Tuesday. Selling pressure of local and Gulf retail investors largely led the 20-stock Qatar Index shed 2 points to 10,918.53 points.
The Qatar Stock Exchange on Monday inched near the 11,000 mark mainly on the buying interests in the banking and telecom stocks.
