Sunday 14 April 2019

Insurance, industrial and telecom sectors weigh on QSE

Insurance, industrial and telecom sectors weigh on QSE:

Qatar Stock Exchange on Sunday opened the week weak, mainly dragged by insurance, industrial and telecom sectors, but remained above 10,200 levels.

Foreign funds turned bearish and domestic institutions were increasingly net sellers as the 20-stock Qatar Index settled 0.23% higher at 10,235.76 points.

However, local retail investors and Gulf institutions turned bullish in the market, whose sensitive index is down 0.61% year-to-date.

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