Friday 23 February 2018

Bourse remains bullish overall on non-Qatari institutions' outlook

Bourse remains bullish overall on non-Qatari institutions' outlook:

"An across-the-board buying — particularly in insurance, realty, industrial and transport stocks — led the Qatar Stock Exchange remain overall bullish amidst weakened trading volumes and turnover this week. The bullish outlook of non-Qatari institutions and the weakened net selling by non-Qatari individuals helped the 20-stock Qatar Index rise 0.76% this week which saw global credit rating agency Fitch view that Qatar's fiscal deficit is narrowing despite the economic boycott that began in June last year. Islamic stocks were seen gaining slower than the other indices this week which saw the Institute of International Finance say that a pickup in private consumption, public spending, and exports has helped Qatar fast dissipate shocks from the economic blockade."



'via Blog this'

No comments:

Post a Comment