Bearish spell continues on QSE on local retail investors' sell pressure:
The Qatar Stock Exchange continued its bearish spell for the fifth consecutive day on Monday and remained under 9,700 levels, mainly dragged by local retail investors.
Insurance and transport counters witnessed higher than average selling pressure, leading the 20-stock Qatar Index settle 0.25% lower at five-month low of 9,744.22 points.
The bearish outlook of non-Qatari retail investors also played its role in dampening the market, whose sensitive index is down 5.39% year-to-date.
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