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Source:
الشرق
الشرق
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Qatar Stock Exchange ended the week with a decline of 0.69%, influenced by selling pressures primarily from foreign investors. This comes amid anticipation of corporate earnings announcements for the first half of the year. The index is expected to head towards technical support at 10,227 points, with a possibility of testing the 9,727-point level if pressures continue. Meanwhile, the focus is on bank results and leadership company performances to boost confidence and stimulate the market in the coming period. The market is expected to rebound if it manages to break through resistance at 10,340 points, with an initial target of 10,580 points.
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