Qatar shares extend losses amid increased selling pressure:
The Qatar Stock Exchange on Thursday fell for the fifth straight session by more than 96 points to settle a tad above 10,000 levels, mainly dragged by real estate, transport, insurance and banks.
Foreign institutions’ substantially increased selling pressure led the 20-stock Qatar Index to fall about 1% to 10,027.17 points.
A Kamco technical analysis suggests that medium-term and long-term investors can stay in the market with a stop-loss below 10,200 points and 9,700 points, respectively.
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