|
The Gulf institutions were seen bullish as the 20-stock Qatar Index rose 0.51% to 11,161.92 points, although it touched an intraday high of 11,204 points.
The local retail investors turned net buyers in the main market, whose year-to-date gains improved further to 4.5%.
The Gulf individuals were seen net buyers, albeit at lower levels, in the main bourse, whose capitalisation saw QR0.94bn or 0.15% jump to QR633.67bn, mainly led by microcap segments.
The foreign funds continued to be net buyers but with lesser intensity in the main market, which saw a total of 0.07mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.74mn changed hands across 40 deals.
However, the market was skewed towards shakers in the main bourse, which saw no trading of sovereign bonds.
The Islamic index was seen gaining slower than the other indices in the main market, which saw no trading of treasury bills.
The Total Return Index rose 0.51%, All Share Index by 0.47% and Al Rayan Islamic Index (Price) by 0.36% in the main bourse, whose trade turnover and volumes were on the decline.
The telecom sector index shot up 1.5%, banks and financial services (0.87%), realty (0.34%), industrials (0.17%) and insurance (0.05%); while transport declined 1.3% and consumer goods and services (0.08%).
Major gainers in the main market included Commercial Bank, Vodafone Qatar, Medicare Group, Qatari German Medial Devices, Qatar National Cement, Mekdam Holding, Doha Bank, Qatar Industrial Manufacturing, Doha Insurance and Barwa.
Nevertheless, more than 51% of the traded constituents were in the red with major shakers being Gulf Warehousing, Ahlibank Qatar, Al Khaleej Takaful, Ezdan, Qatar Oman Investment and Nakilat.
The Gulf funds turned net buyers to the tune of QR7.49mn compared with net sellers of QR6.47mn on January 22.
The local retail investors were net buyers to the extent of QR3.95mn against net sellers of QR14.54mn the previous day.
The Gulf individuals turned net buyers to the tune of QR0.95mn compared with net sellers of QR1.58mn on Tuesday.
However, the domestic institutions’ net profit booking increased considerably to QR38.72mn against QR11.86mn on January 22.
The Arab institutions were net sellers to the extent of QR0.32mn compared with no major net exposure the previous day.
The foreign institutions’ net buying decreased perceptibly to QR21.98mn against QR25.51mn on Tuesday.
The foreign retail investors’ net buying shrank marginally to QR2.48mn compared to QR2.73mn on January 22.
The Arab individuals’ net buying weakened markedly to QR2.18mn against QR6.21mn the previous day.
The main market saw 17% shrinkage in trade volumes to 125.28mn shares, 5% in value to QR434.05mn and 1% in deals to 14,904.