Monday 26 November 2018

Foreign institutional buying interests lifts Qatar shares

Foreign institutional buying interests lifts Qatar shares:

Foreign institutions’ strengthened buying interests lifted the Qatar Stock Exchange as its key index on Monday surpassed the 10,350 levels.

An across the board buying – particularly in telecom, real estate and banking – helped the 20-stock Qatar Index to gain more than 1% to 10,356.62 points.

However, there was increased net selling pressure from domestic institutions and local retail investors in the market, which is up 21.51% year-to-date.

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