Qatar bourse scales 10200 levels as index gains 45 points – Gulf Times
- Date: 22-Nov-2023
- Source: The site:gulf-times.com/
- Sector:Financial Markets
- Country:Qatar
Qatar bourse scales 10200 levels as index gains 45 points – Gulf Times
The Arab individual investors were seen bullish as the 20-stock Qatar Index rose 0.44% to 10,226.44 points yesterday, reflecting the regional sentiments on expectations that the US Federal Reserve is likely to put an end to interest rate hikes.
The Qatar Stock Exchange Tuesday gained more than 45 points and its key index scaled the 10,200 levels on the back of buying interests, especially in the industrials sector.The Arab individual investors were seen bullish as the 20-stock Qatar Index rose 0.44% to 10,226.44 points, reflecting the regional sentiments on expectations that the US Federal Reserve is likely to put an end to interest rate hikes.The foreign retail investors were seen increasingly net buyers in the main market, whose year-to-date losses truncated to 4.26%.The Qatari individuals were increasingly into net buying in the main bourse, whose capitalisation added QR1.22bn or 0.21% to QR595.59bn with small cap segments gaining the most.The Gulf
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