Foreign and Gulf funds lift QSE 121 points; M-cap adds QR7.03bn
Gulf Times
Foreign and Gulf funds lift QSE 121 points; M-cap adds QR7.03bn
Strong signals of a third round of talks between the US and Iran talks had its reflection in the regional bourses, including the Qatar Stock Exchange (QSE), which Monday saw its key index zoom 121 points and capitalisation add in excess of QR7bn. The foreign funds were seen net buyers as the 20-stock Qatar Index shot up 1.08% to 11,282.24 points, recovering from an intraday low of 11,143 points. The banks and telecom counters witnessed higher than average demand in the main market, which saw 4.83% gains year-to-date.
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