Wednesday 17 October 2018

QSE tops 10,100 level on bullish foreign institutions

QSE tops 10,100 level on bullish foreign institutions:

Robust expectations of nine-month financial performance, especially of underlying constituents, Wednesday helped the Qatar Stock Exchange surpass 10,100 levels as foreign institutions continued to be increasingly bullish.

An across-the-board buying, particularly in industrials and consumer goods, led the 20-stock Qatar Index to gain 1.25% to 10,157.48 points, which is up 19.17% year-to-date.

Stronger buying interests, particularly in large and midcap equities, resulted in market capitalisation to expand more than QR7bn or 1.28% to QR566.7bn.

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