QSE settles below 10,700 despite bullish grip of local retail investors and domestic funds ...Qatar

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QSE settles below 10,700 despite bullish grip of local retail investors and domestic funds
The Qatar Stock Exchange Monday settled below the 10,700 levels despite the bullish grip of local retail investors and domestic funds. The increased buying interests of the Gulf funds and individuals notwithstanding, the 20-stock Qatar Index settled 61 points or 0.57% lower at 10,679.11 points, having touched an intraday high of 10,754 points. Foreign individuals were also increasingly net buyers on the market, whose year-to-date gains were at 2.33%. About 77% of the traded constituents were in the red on the bourse, whose capitalisation saw about QR5bn or 0.78% decrease to QR618.24mn, mainly owing to midcap segments. An across the board selling, particularly within consumer goods and ser

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