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Wednesday, 31 October 2018

QSE surpasses 10,300 levels on increased buying interests of foreign and Gulf institutions

QSE surpasses 10,300 levels on increased buying interests of foreign and Gulf institutions:

Increased buying interests of foreign and Gulf institutions Wednesday handed a 138 points jump to the Qatar Stock Exchange, which surpassed 10,300 levels.

Banking, real estate, telecom and insurance counters saw higher-than-average demand, leading the 20-stock Qatar Index surge 1.35% to 10,300.92 points, which is up 20.85% year-to-date.

Market capitalisation expanded about QR13bn or 2.27% to QR580.5bn, mainly owing to heavy demand, especially for large cap equities.

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