Blue chip stocks
like Qatar National Bank (QNB), Industries Qatar (IQ) and Qatar Islamic Bank (QIB) gained 1.
With political uncertainty still heavily prevalent and international pressure on the country growing, analysts and brokers have advised investors to maintain caution and focus on fundamentally strong blue chip stocks
There has been a broad-based buying in the last three to four trading sessions and the frontrunners were blue chip stocks
or bank shares," added Suresh Kumar.
What really dominated the market momentum this week was speculative trading and profit-taking in addition to a limited but lively buying of some blue chip stocks
, namely those from the banking, services, and real estate sectors, said the two market pundits.
Dividends Still Don't Lie: The Truth about Investing in Blue Chip Stocks
and Winning in the Stock Market
Summary: UK blue chip stocks
were hit by another volatile session as the eurozone crisis continued to overshadow trading.
A number of blue chip stocks
declined during the week.
There has been pounds 117bn wiped off the value of blue chip stocks
since the year-high on April 21.
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Owners who have seen appreciation in their properties and have fairly long time horizons for their investments might consider selling their assets and puffing the proceeds into blue chip stocks
or mutual funds specializing in them.
While Freeserve shares jumped with the rest of the technology sector yesterday - up 6 to 166p - the stock is expected to tumble as big pension funds which are only required to hold blue chip stocks
dump the shares.