The Islamic stocks were seen in heavy demand on the Qatar Stock Exchange whose key barometer soared 183 points and capitalisation added more than QR12bn this week.
The Qatar Stock Exchange on Wednesday closed the week weak, mainly dragged by the real estate, industrials and consumer goods sectors.
Higher-than-average demand at the insurance, industrials and banking counters on Thursday lifted the Qatar Stock Exchange as much as 90 points to comfortably place its key barometer above 9,400 levels.
The Qatar Stock Exchange on Tuesday gained more than 47 points to cross the 9,200 levels with an ease, mainly lifted by real estate, industrials and insurance segments.
The Qatar Stock Exchange on Wednesday lost 72 points to settle below 9,200 levels, mainly dragged by banks and industrials equities.
The Qatar Stock Exchange on Wednesday saw Baladna and Aamal Company surge on their inclusion in MSCI Qatar Index but overall the bourse’s key barometer lost 91 points.
The Qatar Stock Exchange on Thursday gained 63 points to inch near the 8,800 levels, mainly lifted by the real estate and industrials sectors.
International inventions to end the oil price war had its positive effect and was reflected on the Qatar Stock Exchange, which on Thursday gained more than 263 points and QR17bn in capitalisation.
The Qatar Stock Exchange on Thursday gained about 63 points to scale the 9,300 level, mainly lifted by banking, telecom and industrials sectors.
The Qatar Stock Exchange on Monday lost 40 points to settle a tad above 9,700 levels, mainly dragged by telecom, industrials and real estate sectors.
The Qatar Stock Exchange on Wednesday gained more than 27 points, or 0.27%, on the back of the consumer goods, telecom and industrials sectors.
The Qatar Stock Exchange on Tuesday settled marginally higher although real estate and industrials counters experienced strong buying interests.