Monday 1 April 2019

Foreign institutions’ increased buying interests lift QSE above 10,500 levels

Foreign institutions’ increased buying interests lift QSE above 10,500 levels:

Foreign institutions’ increased buying interests on Monday lifted the Qatar Stock Exchange above 10,500 levels.

Transport, consumer goods, industrials and insurance counters witnessed higher-than-average demand, leading to the 20-stock Qatar Index gain 0.47% to 10,154.89 points. Domestic funds’ selling pressure considerably weakened on the market, whose sensitive index is down 1.4% year-to-date.

Market capitalisation however shed more than QR1bn or 0.27% to QR566.26bn mainly owing to large cap segments.

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