Tuesday 11 September 2018

QSE index surpasses 9,900 on weakened selling pressure

QSE index surpasses 9,900 on weakened selling pressure:

The Qatar Stock Exchange on Tuesday saw its key index surpass 9,900 levels mainly on the back of weakened selling pressure from domestic funds and local retail investors.

Telecom, banking and transport counters witnessed higher than average demand, leading to a 0.42% jump in 20-stock Qatar Index to 9,931.07 points.

Masraf Al Rayan and Doha Bank sponsored exchange traded funds QATR and QETF saw 0.21% and 0.66% gains respectively.

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