Transport, industrials and telecom lift QSE ...Qatar

News by : (ٌRayaٌ news) -
A higher than average demand in the transport, industrials and telecom counters Sunday lifted the Qatar Stock Exchange, which otherwise witnessed intermittent gyrations. The Arab and foreign individuals were seen bullish as the 20-stock Qatar Index settled 13 points or 0.12% higher at 10,933.06 points, recovering from an intraday low of 10,910 points. The foreign institutions continued to be net buyers but with lesser intensity in the market, whose year-to-date gains were at 4.76%. The local retail investors’ weakened net selling pressure had its effect in the bourse, whose capitalisation saw QR50mn or 0.08% increase to QR635.44bn mainly due to microcap segments. However, domestic funds w

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