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Liquidity to determine QE performance Thurs

Liquidity to determine QE performance Thurs
Photo Credit: Arabianeye-Reuters

By: Hanan Mohamed
Doha-Mubasher: Qatar Exchange (QE) is expected to continue its bearish performance on Thursday, financial market analyst Rakan Alotaibi tol Mubasher.
The analyst added that breaking the 11360-point level means a final exit for portfolios or investors.
The index broke the 11,530-support level, Alotaibi said, adding that breaking the barrier of the 11,566-resistance level will push the index higher to target 11,576 and 11,584 points, respectively.
The analyst noted that liquidity is the main catalyst to push the market up. 
Translated by: Julian Nabil