The Qatar Stock Exchange on Wednesday gained for the second straight session to inch near 9,900 levels, mainly on strong buying, especially at the real estate, telecom and industrials counters.
The Qatar Stock Exchange on Tuesday entered the third straight session of bearish spell on selling pressure, notably in banking, telecom and industrials counters, and its key index settled 46 points lower.
British Prime Minister Theresa May has given the go-ahead for China's Huawei to help build a 5G network, shrugging off security warnings from senior ministers and Washington, the Daily Telegraph reported Wednesday.
Insurance and telecom counters witnessed strong buying interests, but overall, the Qatar Stock Exchange was on a negative turf for the second straight session on Monday.
Qatar Stock Exchange on Sunday opened the week weak, mainly dragged by insurance, industrial and telecom sectors, but remained above 10,200 levels.
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An across-the-board selling – notably within banking and telecom sectors – led the Qatar Stock Exchange to close in the negative on Thursday.
The Qatar Stock Exchange on Wednesday witnessed mild profit-booking pressures, after a two-day bull run, to slide below 10,600 levels, mainly dragged by banking and telecom equities.
The Qatar Stock Exchange on Thursday inched near 10,400 levels, having gained 35 points mainly on the back of strong buying in telecom segment.
Profit booking pressure in the telecom and banking sectors on Thursday further dragged the Qatar Stock Exchange to make it settle below 9,800 levels.