QSE falls on concerns over re-imposing Covid curbs ...Qatar

News by : (ٌRayaٌ news) -
Local and Gulf retail investors were yesterday bullish on the Qatar Stock Exchange, which otherwise fell about 41 points; reflecting the concerns over re-imposing restrictions to combat the spread of Covid-19. The bullish outlook of the Gulf institutions notwithstanding, the 20-stock Qatar Index settled 0.39% lower at 10,431.36 points, having touched an intraday high of 10,526 points. The telecom, industrials and consumer goods counters witnessed higher than average selling pressure in the market, which reported year-to-date losses of 0.04%. About 69% of the traded constituents were in the red on the bourse, whose capitalisation saw more than QR3bn or 0.51% decline to QR603.55bn, mainly owi

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