QSE index declines on selling pressure ...Qatar

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The Qatar Stock Exchange on Saturday opened the week weak and its key index lost 51 points, mainly on the bearish grip of local and foreign retail investors as well as the Gulf institutions. The real estate, insurance, industrials and consumer goods counters witnessed higher than average selling pressure as the 20-stock Qatar Index lost 0.53% to 9,640.11 points, having touched an intraday low of 9,595 points. The domestic funds’ weakened net buying also had its dampening effect on the market, whose year-to-date losses swelled to 7.53%. More than 78% of the traded stocks were in the red in the bourse, where Islamic stocks were seen declining faster than the other indices. Market capitali

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Last updated : 01 Nov 2020 clock 09:51 PM

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QSE index declines on selling pressure ...Qatar

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