QSE witnesses correction despite foreign funds’ buying interests ...Qatar

Foreign funds were increasingly into net buying on the Qatar Stock Exchange, which otherwise settled in the negative and its key index lost more than 67 points. A higher than average selling pressure at the consumer goods, banking and transport sectors led the 20-stock Qatar Index to settle 0.47% lower at 14,125.07 points, although it touched an intraday high of 14,288 points. The Gulf individuals were seen bullish in the market, whose year-to-date gains were at 21.5%. The local retail investors were increasingly net profit takers in the bourse, whose capitalisation saw QR73mn or 0.09% decrease to QR791.83bn, mainly on the back of microcap segments. The Islamic index was seen declining s

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Last updated : 14 April 2022 clock 08:00 PM

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QSE witnesses correction despite foreign funds’ buying interests ...Qatar

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