Local retail investors, domestic funds drag QSE; index falls ...Qatar

The Qatar Stock Exchange on Sunday opened the week weak, mainly dragged by profit booking pressure from the local retail investors and domestic funds. The banking sector witnessed higher than average selling pressure as the 20-stock Qatar Index settled 0.34% lower at 13,138.38 points, although it touched an intraday high of 13,203 points. The foreign individuals were seen bearish, albeit at lower levels, in the market, whose year-to-date gains were truncated to 13.01%. More than 68% of the traded constituents were in the red in the bourse, whose capitalisation fell QR0.41bn or 0.06% to QR732.77bn mainly on microcap segments. The Islamic index was seen declining slower than the other indic

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