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The industrials and consumer goods counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.14% to 10,438.99 points.
The market, which although was skewed towards shakers, saw its key barometer touch an intraday high of 10,555 points.
The Arab individual investors were seen bullish in the main market, which narrowed its year-to-date losses to 2.27%.
However, the Gulf funds were increasingly into net profit booking in the main bourse, whose capitalisation saw QR0.85bn or 0.14% dip to QR587.19bn, mainly led by microcap segments.
The domestic institutions were seen net sellers in the main market, which saw a total of 0.01mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.03mn changed hands across nine deals.
The foreign institutions were seen increasingly into net selling in the main bourse, which saw no trading of sovereign bonds.
The Islamic index was seen gaining faster than the key index in the main market, which saw no trading of treasury bills.
The Total Return Index rose 0.14% and Al Rayan Islamic Index (Price) by 0.36%, while |All Share Index was down 0.11% in the main bourse, whose trade turnover and volumes were on the decline.
The industrials sector index shot up 2.04%, consumer goods and services (0.38%) and telecom (0.01%); while banks and financial services declined 1.07%, transport (0.35%), realty (0.31%) and insurance (0.25%).
Major gainers in the main market included Industries Qatar, Mesaieed Petrochemical Holding, Gulf International Services, Qatar Industrial Manufacturing, Qatar Oman Investment, Barwa and Gulf Warehousing.
Nevertheless, about 60% of the traded constituents were in the red, which included Qatar General Insurance and Reinsurance, Beema, Qatari German Medical Devices, Qatar Islamic Insurance, Inma Holding, Doha Bank, QNB, Lesha Bank, Commercial Bank, Salam International Investment, Qamco, Mazaya Qatar and Ezdan. In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
The local individuals turned net buyers to the tune of QR24.55mn compared with net sellers of QR7.82mn on February 9.
The Arab individuals were net buyers to the extent of QR3.42mn against net sellers of QR7.43mn last Thursday.
However, the Gulf institutions’ net selling expanded noticeably to QR13.75mn compared to QR5mn the previous trading day.
The foreign institutions’ net profit booking strengthened perceptibly to QR8.64mn against QR7.13mn on February 9.
The domestic funds turned net sellers to the tune of QR8.28mn compared with net buyers of QR18.53mn last Thursday.
The foreign individuals’ net buying declined markedly to QR1.53mn against QR6.33mn the previous trading day.
The Gulf retail investors’ net buying eased marginally to QR1.17mn compared to QR2.33mn on February 9.
The Arab institutions had no major net exposure against net buyers to the tune of QR0.2mn last Thursday.
The main market saw 38% shrinkage in trade volumes to 99.84mn shares, 24% in value to QR450.82mn and 45% in deals to 10,771.
