Local retail investors turn bullish on Qatar bourse ...Qatar

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Local retail investors turn bullish on Qatar bourse
The Qatar Stock Exchange Tuesday witnessed local retail investors turn bullish even as it settled marginally down. The increased net buying from the Arab individuals and the Gulf funds notwithstanding, the 20-stock Qatar Index was down 0.06% to 10,914.12 points, recovering from an intraday low of 10,849 points. The Islamic index witnessed gains vis-à-vis other losses in the other indices in the bourse, whose year-to-date gains were at 4.58%. The domestic institutions’ net selling pressure substantially weakened in the market, whose capitalisation nevertheless saw QR95mn or 0.15% jump to QR630.36bn, mainly owing to midcap segments. The insurance and banking counters witnessed higher than a

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