The domestic institutions were seen bullish amidst weak sentiments in the Qatar Stock Exchange, which settled below 10,800 levels this week.
The local retail investors’ substantially weakened net selling notwithstanding, the 20-stock Qatar Index tanked 159 points or 1.23% this week which saw QNB close the syndication of its 1.75bn euro, three-year senior unsecured term loan facility.
More than 85% of the traded constituents were in the red this week which saw Milaha explore option to launch logistics services in Georgia.
The industrials and real estate counters witnessed higher than average selling pressure this week which saw Doha’s commercial banks register more than 10% year-on-year growth in total assets to QR1.79tn in October 2021.
The foreign institutions were seen net profit takers this week which saw Doha Port, Qatar’s gateway to marine tourism, expect as many as 86 cruises during 2021-22 cruise season that runs until the end of April 2022.
The Arab individuals were also net…