Buying momentum helps QSE cross 10,800 level ...Qatar

An across-the-board-buying – particularly in the telecom, real estate and transport counters – led the Qatar Stock Exchange Thursday to cross the 10,800 levels. The Gulf funds were seen net buyers as the 20-stock Qatar Index settled 77 points or 0.71% higher at 10,807.34 points, having touched an intraday high of 10,817 points. The domestic funds’ substantially weakened net selling pressure also had its influence in the market, whose year-to-date gains improved to 3.56%. About 83% of the traded constituents extended gains in the bourse, whose capitalisation saw more than QR4bn or 0.65% increase to QR626.45mn, mainly owing to mid and small cap segments. Foreign funds continued to be net bu

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Buying momentum helps QSE cross 10,800 level ...Qatar

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