Domestic funds lift QSE 60 points; M-cap adds QR3.46bn
Gulf Times
Domestic funds lift QSE 60 points; M-cap adds QR3.46bn
The domestic funds’ buying support Tuesday lifted sentiments on the Qatar Stock Exchange (QSE), which gained as much as 60 points, reflecting in more than QR3bn accretion in capitalisation. A higher than average demand at the telecom, insurance, industrials and consumer goods counters led the 20-stock Qatar Index to gain 0.58% to 10,393.29 points, recovering from an intraday low of 10,319 points. The Gulf institutions were seen net buyers in the main market, whose year-to-date losses truncated to 3.43%.
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