The Qatar Stock Exchange yesterday reopened after a week-long holidays on a weaker note, mainly dragged by the industrials and telecom sectors. Foreign funds’ net buying weakened substantially as the 20-stock Qatar Index settled 0.26% lower at 13,555.01 points, although it touched an intraday high of 13,705 points. The Islamic index was seen declining slower than the other indices in the market, which was up 16.59% year-to-date. The domestic funds continued to be net sellers but with lesser vigour in the bourse, whose capitalisation eroded about QR5bn or 0.65% to QR755.8bn, mainly on the back of midcap segments. The local individuals also continued to be net profit takers but with lesser in
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