Mubasher TV
Contact Us Advertising   العربية

QSE to face gains amid expectations to hold, rebound

QSE to face gains amid expectations to hold, rebound
Photo Credit: Arabianeye-Reuters

Qatar Stock Exchange (QSE) is still amid the process of gains since it reached 12,677 points which reflected pressures forced the index to rebound downward, said head of technical research at Roots Securities Brokerage Sameh Gharib.

QSE is facing 12,570 points as first level of resistance, followed by 12,800 and 12,700 points, Gharib said, adding that the support level stands at 12,350 points and to be followed by 12,200 points.

The analyst noted that index will hold at 12,390 points and is projected to rebound to higher levels.