Foreign funds drive QSE near 13,000 points; M-cap gains QR8bn ...Qatar

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Foreign funds drive QSE near 13,000 points; M-cap gains QR8bn
The Qatar Stock Exchange Monday gained a huge 184 points and its key index neared 13,000 points, mainly steered by foreign institutions. The real estate and banking counters witnessed higher than average demand as the 20-stock Qatar Index rose 1.44% to 12,925.3 points, recovering from an intraday low of 12,747 points. The Arab and foreign individuals were seen net buyers in the market, whose year-to-date gains improved to 11.18%. About 59% of the traded constituents in the main market extended gains in the bourse, whose capitalisation expanded QR8bn or 1.189% to QR723.59bn, mainly on the back of midcap segments. The local retail investors and domestic funds were seen increasingly into net s

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