Qatar shares edge lower on increased selling pressure:
The Qatar Stock Exchange on Sunday opened the week weak mainly owing to profit-booking pressure at the insurance, telecom, banking and real estate counters.
The increased selling pressure from domestic institutions and the bearish grip of the Gulf individuals were visible in the bourse, whose 20-stock Qatar Index settled marginally lower (0.04%) at 10,653.57 points.
The weakened buying interests from foreign funds also had its role in dampening the market, whose sensitive index has settled 3.44% year-to-date.
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