The foreign institutions were increasingly net buyers in the Qatar Stock Exchange, which otherwise settled in the negative and its key index tanked 156 points.
Six of the seven sectors reeled under selling pressure as the 20-stock Qatar Index shrank 1.14% to 13,613.25 points, although it touched an intraday high of 13,760 points.
The Islamic index was declining faster than the other indices in the market, which was up 17.1% year-to-date.
The domestic funds were increasingly net sellers in the bourse, whose capitalisation saw about QR8bn or 1.01% decrease to QR760.09bn, mainly on the back of large and midcap segments.
The local individuals turned net profit takers in the market, where the industrials and consumer goods sectors together accounted for about 65% of the trading volume.
The Gulf institutions turned bearish in the bourse, which saw a total of 33,069 exchange traded funds (sponsored by Masraf Al Rayan) valued at QR378,654 changed hands across 12 deals.
Both Arab individuals and funds turned net sellers in the market, which saw no trading of sovereign bonds.
Total trade value and volumes were on the rise in the bourse, which saw no trading of treasury bills.
The Total Return Index shrank 1.14% to 27,782.07 points, the All Share Index by 0.94% to 4,356.03points and the Al Rayan Islamic Index (Price) by 1.27% to 2,923.31 points.
The industrials sector index tanked 2.47%, consumer goods and services (1.28%), transport (1.23%), real estate (0.66%), insurance (0.48%) and banks and financial services (0.35%); while telecom was up 0.01%.
More than 73% of the traded constituents in the main market were in the red and included Mannai Corporation, Qatari German Medical Devices, Investment Holding, Group, Salam International Investment, Mesaieed Petrochemical Holding, Doha Bank, QIIB, Dlala, Baladna, Industries Qatar, Gulf International Services, Qatar Electricity and Water, Gulf Warehousing and Milaha.
In the venture market, Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, Widam Food, QLM, Zad Holding, Qatar Islamic Insurance and Vodafone Qatar were among the gainers in the main market.
The domestic funds’ net profit booking grew considerably to QR155.61mn against QR80.38mn on April 26.
Qatari individuals turned net sellers to the tune of QR36.9mn compared with net buyers of QR2.77mn on Tuesday.
The Gulf funds were net sellers to the extent of QR12.81mn against net buyers of QR8.58mn the previous day.
The Arab individuals turned net sellers to the tune of QR1.47mn compared with net buyers of QR8.77mn on April 26.
The Arab institutions were net profit takers to the extent of QR0.04mn against net buyers of QR0.44mn on Tuesday.
However, the foreign funds’ net buying increased substantially to QR178.43mn compared to QR58.38mn the previous day.
The Gulf individuals turned net buyers to the tune of QR15.18mn against net sellers of QR0.26mn on April 26.
The foreign retail investors’ net buying strengthened notably to QR13.22mn compared to QR1.68mn on Tuesday.
Total trade volume in the main market rose 6% to 162.22mn shares and value by 7% to QR735.59mn, while transactions fell 2% to 17,788.
The consumer goods and services sector’s trade volume soared 42% to 50.7mn equities and value by 33% to QR93.61mn, whereas deals were down 5% to 1,696.
There was 15% surge in the real estate sector’s trade volume to 10.87mn stocks and 25% in value to QR18.44mn but on flat transactions at 728.
The industrials sector’s trade volume was up 8% to 54.2mn shares, value by 1% to QR238.62mn and deals by 2% to 5,170.
However, the market witnessed 72% plunge in the insurance sector’s trade volume to 0.55mn equities, 64% in value to QR1.82mn and 17% in deals to 86.
The transport sector’s trade volume plummeted 29% to 3.41mn stocks, value by 18% to QR14.41mn and transactions by 14% to 557.
The banks and financial services sector saw 17% shrinkage in trade volume to 38.55mn shares but on 10% growth in value to QR358mn and 4% in deals to 9,080.
The telecom sector’s trade volume was down less than 1% to 3.96mn equities, value by 48% to QR10.68mn and transactions by 59% to 471.
The venture market’s trade volumes almost tripled to 0.3mn stocks and value also almost tripled to QR2.08mn on almost doubled transactions to 118.
Six of the seven sectors reeled under selling pressure as the 20-stock Qatar Index shrank 1.14% to 13,613.25 points, although it touched an intraday high of 13,760 points.
The Islamic index was declining faster than the other indices in the market, which was up 17.1% year-to-date.
The domestic funds were increasingly net sellers in the bourse, whose capitalisation saw about QR8bn or 1.01% decrease to QR760.09bn, mainly on the back of large and midcap segments.
The local individuals turned net profit takers in the market, where the industrials and consumer goods sectors together accounted for about 65% of the trading volume.
The Gulf institutions turned bearish in the bourse, which saw a total of 33,069 exchange traded funds (sponsored by Masraf Al Rayan) valued at QR378,654 changed hands across 12 deals.
Both Arab individuals and funds turned net sellers in the market, which saw no trading of sovereign bonds.
Total trade value and volumes were on the rise in the bourse, which saw no trading of treasury bills.
The Total Return Index shrank 1.14% to 27,782.07 points, the All Share Index by 0.94% to 4,356.03points and the Al Rayan Islamic Index (Price) by 1.27% to 2,923.31 points.
The industrials sector index tanked 2.47%, consumer goods and services (1.28%), transport (1.23%), real estate (0.66%), insurance (0.48%) and banks and financial services (0.35%); while telecom was up 0.01%.
More than 73% of the traded constituents in the main market were in the red and included Mannai Corporation, Qatari German Medical Devices, Investment Holding, Group, Salam International Investment, Mesaieed Petrochemical Holding, Doha Bank, QIIB, Dlala, Baladna, Industries Qatar, Gulf International Services, Qatar Electricity and Water, Gulf Warehousing and Milaha.
In the venture market, Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, Widam Food, QLM, Zad Holding, Qatar Islamic Insurance and Vodafone Qatar were among the gainers in the main market.
The domestic funds’ net profit booking grew considerably to QR155.61mn against QR80.38mn on April 26.
Qatari individuals turned net sellers to the tune of QR36.9mn compared with net buyers of QR2.77mn on Tuesday.
The Gulf funds were net sellers to the extent of QR12.81mn against net buyers of QR8.58mn the previous day.
The Arab individuals turned net sellers to the tune of QR1.47mn compared with net buyers of QR8.77mn on April 26.
The Arab institutions were net profit takers to the extent of QR0.04mn against net buyers of QR0.44mn on Tuesday.
However, the foreign funds’ net buying increased substantially to QR178.43mn compared to QR58.38mn the previous day.
The Gulf individuals turned net buyers to the tune of QR15.18mn against net sellers of QR0.26mn on April 26.
The foreign retail investors’ net buying strengthened notably to QR13.22mn compared to QR1.68mn on Tuesday.
Total trade volume in the main market rose 6% to 162.22mn shares and value by 7% to QR735.59mn, while transactions fell 2% to 17,788.
The consumer goods and services sector’s trade volume soared 42% to 50.7mn equities and value by 33% to QR93.61mn, whereas deals were down 5% to 1,696.
There was 15% surge in the real estate sector’s trade volume to 10.87mn stocks and 25% in value to QR18.44mn but on flat transactions at 728.
The industrials sector’s trade volume was up 8% to 54.2mn shares, value by 1% to QR238.62mn and deals by 2% to 5,170.
However, the market witnessed 72% plunge in the insurance sector’s trade volume to 0.55mn equities, 64% in value to QR1.82mn and 17% in deals to 86.
The transport sector’s trade volume plummeted 29% to 3.41mn stocks, value by 18% to QR14.41mn and transactions by 14% to 557.
The banks and financial services sector saw 17% shrinkage in trade volume to 38.55mn shares but on 10% growth in value to QR358mn and 4% in deals to 9,080.
The telecom sector’s trade volume was down less than 1% to 3.96mn equities, value by 48% to QR10.68mn and transactions by 59% to 471.
The venture market’s trade volumes almost tripled to 0.3mn stocks and value also almost tripled to QR2.08mn on almost doubled transactions to 118.