Transport, industrials equities drag Qatar bourse down:
The Qatar Stock Exchange on Thursday displayed strong bearish sentiments and its key index retreated below 9,900 levels mainly dragged down by transport and industrials equities.
Foreign funds’ net buying weakened amidst 1.03% plunge in the 20-stock Qatar Index to 9,861.53 points, which is however up 15.7% year-to-date.
However, local and Gulf retail investors turned bullish and there was a weakened net selling from domestic funds in the market, which also saw Islamic equities decline slower than the other indices.
No comments:
Post a Comment