Monday, 25 December 2017

Qatar bourse continues to be under bearish spell

Qatar bourse continues to be under bearish spell:

"Qatar Stock Exchange continued to be under bearish spell to trade under 8,600 levels as foreign funds largely kept away from the market in view of Christmas. Increased buying support from local retail investors notwithstanding, the 20-stock Qatar Index fell 0.36% for the second consecutive day to 8,569.58points. There was increased net selling by domestic institutions and lower buying support from non-Qatari individuals in the bourse, whose year-to-date losses were seen at 17.89%."



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