QSE shares edge higher to surpass 10,300 level ...Qatar

News by : (Gulf Times) -
Robust buying – especially in the telecom, industrials and banking counters – Thursday lifted the Qatar Stock Exchange and its key index gained 94 points to surpass the 10,300 levels. Foreign funds were seen bullish and there was increased net buying by the Arab individuals as the 20-stock Qatar Index settled 0.92% higher at 10,304.95 points, after the US Federal Reserve signalled an accommodative monetary policy. The market had touched an intraday low of 10,181 points. The Gulf funds’ weakened net selling pressure also had its impact on the bourse, whose year-to-date losses were at 1.26%. About 48% of the traded stocks extended gains in the market, whose capitalisation saw about QR5bn, o

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