Local retail investors turn net buyers on Qatar Stock Exchange ...Qatar

Local retail investors were seen net buyers on the Qatar Stock Exchange (QSE), which otherwise closed in the negative this week. Gulf institutions and Arab individuals were increasingly into net buying even as the 20-stock Qatar Index settled 0.29% lower this week, which saw the QSE enter into an agreement with the Moscow Exchange. Amidst an overall bearish overhang, the domestic funds’ net selling pressure weakened this week which saw global credit rating agency Standard and Poor’s reaffirm Industries Qatar’s (IQ) rating at ‘A1’ with “stable” outlook. There was an across the board net selling, particularly in telecom, realty, transport and insurance counters this week which saw the QSE d

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