QSE crosses 11,100 points on strong buying interests

The Qatar Stock Exchange on Tuesday crossed the 11,100 points, mainly on strong buying interests in the industrials segment.

The increased buying interest of local retail investors and foreign funds was instrumental in lifting the 20-stock Qatar Index more than 46 points or 0.42% to 11,129.72 points, recovering from an intraday low of 11,089 points.

More than 55% of the traded constituents extended gains in the market, whose year-to-date gains were at 6.65%.

The Islamic equities were seen gaining faster than the other indices in the bourse, whose capitalisation saw more than QR2bn or 0.4% increase to QR642.19bn, mainly due to midcap segments.