Doha – Mubasher: The Qatar Stock Exchange’ main index is expected to continue its rise in the last session of the week, a forecast predicted given that it will break through the resistance level of 10,898.51 points to target the resistance of 11,090.5 points, a level that stands halfway in the current correction movement , according to an analyst.
The main index closed Wednesday at a rise of 0.23% or 25 points to the level of 10,827.66 points.
“The bourse’s main index rose yesterday near the support level of 10,850 points before closing at 10,827 points,” Ayoub Eshban, financial analyst and economic advisor, told Mubasher.
“Wednesday started with a push by the leading shares, which turned the index to red in early trade, but it ended with about 25 points up,” he detailed.
