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.
