Foreign and domestic funds turn increasingly net buyers on QSE ...Qatar

Foreign and domestic funds were increasingly net buyers on Monday in an otherwise bearish Qatar Stock Exchange, amidst increased trading. Foreign individuals’ bullish outlook notwithstanding, the 20-stock Qatar Index settled 51 points or 0.49% lower at 10,456.36 points, having touched an intraday high of 10,494 points. Arab funds continued to be net buyers with increased intensity on the bourse, whose year-to-date gains were at 0.2%. The telecom and insurance counters witnessed higher than average selling pressure on the market, whose capitalisation saw more than QR3bn or 0.52% decrease to QR603.58bn, mainly owing to large and microcap segments. The Islamic index was seen flat vis-à-vis d

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