The foreign funds’ substantially increased net buying lifted the sentiments in the Qatar Stock Exchange, which neared the 11,700 levels this week.
Qatar saw more than doubling of business entities as employment grew about 60% in the last one decade, according to the Planning and Statistics Authority (PSA).
The Qatar Stock Exchange on Thursday gained 60 points to inch near 11,700 levels, mainly on foreign institutions’ increased buying interests.
The Qatar Stock Exchange on Wednesday witnessed strong buying interests from foreign funds as it settled above 11,600 levels.
Qatar is slated to see strong recovery in 2021 and 2022 and the recent structural reforms are expected to encourage foreign direct investments (FDI) in the non-energy sector, according to the Institute of International Finance (IIF).
The Qatar Stock Exchange on Tuesday inched near 11,600 levels, mainly lifted by an higher than average demand for real estate, consumer goods, telecom and industrials equities.
The Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, hosted a roundtable to provide an overview of the new data protection regulations and facilitate a structured discussion around key issues and challenges faced by firms.
The prospects appear to be brighter for Qatar's realty and construction sectors as there was robust expansion in the building permits issued this September vis-à-vis the previous month's levels, according to the official estimates.
There is no more data