Qatar shares edge lower on selling pressure ...Qatar

The Qatar Stock Exchange on Thursday closed the year 2020 with a 99-point decline and its key index retreated below 10,500 levels; even as it was up mere 0.1% year-to-date. An across the board selling – especially in the banking and financial sector—dragged the 20-stock Qatar Index 0.94% to 10.435.96 points, although it recovered from an intraday low of 10,397 points. Foreign and Gulf institutions turned bearish in the market, which however saw domestic fund turn bullish and there was also increased net buying from local retail investors. Trade turnover and volumes were on the increase in the bourse, where the realty, industrials and banking sectors together accounted for about 85% of the t

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Qatar shares edge lower on selling pressure ...Qatar

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