The Qatar Stock Exchange on Wednesday witnessed modest buying in Islamic equities and five of the seven sectors were under buying spotlight; yet it settled marginally down.
A healthy domestic projects pipeline helped lift sentiments on the Qatar Stock Exchange, which yesterday gained more than 133 points to inch near 10,400 levels.
The Qatar Stock Exchange on Monday saw frenzied trading, especially in the transport sector; amidst overall buying interests in the Islamic equities and six of the seven sectors extended gains.
The Qatar Stock Exchange on Wednesday witnessed higher than average demand at the insurance, transport and telecom counters as it closed 37 points higher.
The Qatar Stock Exchange on Tuesday witnessed domestic institutions turn bullish; yet it closed in the negative terrain.
The Qatar Stock Exchange on Monday gained 25 points, although shakers outnumbered decliners.
The domestic institutions’ sustained buying interests on Wednesday drove the Qatar Stock Exchange further up 26 points.
The Qatar Stock Exchange on Tuesday gained more than 61 points to surpass the 9,700 levels, mainly lifted by domestic institutions and foreign individuals.
The domestic earnings woe had its profound impact on the Qatar Stock Exchange, which lost a sizeable more than 267 points in its key barometer and about QR23bn in capitalisation this week.
The net buying interests of foreign and domestic funds were seen weakening substantially on the Qatar Stock Exchange this week, which settled a tad below the 10,000 levels.
Arab individuals’ net profit booking pressure Wednesday drove the Qatar Stock Exchange into the negative terrain, but overall its key index stood above the 10,000 levels.