Local retail investors, Arab funds remain bullish on QSE

qse

The Qatar Stock Exchange on Tuesday witnessed strong buying interests from domestic funds even as it settled 20 points lower to close below the 10,500 levels. Notwithstanding the bullish outlook of the local retail investors and the Arab funds, the 20-stock Qatar Index declined 0.19% to 10,480.23 points, having touched an intraday high of 10,512 points. There was weakened net selling from the foreign and Arab individuals in the bourse, whose year-to-date gains were at 0.43%. The Islamic index was seen easing slower than the other indices in the market whose capitalisation saw QR17mn or 0.03% gain to QR614.34bn, mainly owing to microcap segments.