The Gulf institutions’ weakened net buying had its influence in the main market, which touched an intraday high 10,457 points.
The losers outnumbered gains by a slender margin in the main bourse, whose year-to-date losses widened further to 2.6%.
The Arab individuals’ lower net buying also had its say in the main bourse, whose capitalisation shed QR1.09bn or 0.18% to QR618.89bn, mainly on account of microcap segments.
However, the local retail investors were seen increasingly into net buying in the main bourse, which saw a total of 5,816 exchange traded funds (sponsored by Masraf Al Rayan) valued at QR0.01mn changed hands across seven deals.
The domestic institutions turned net buyers in the main market, which saw no trading of sovereign bonds.
The Islamic index was seen making gains vis-à-vis declines in the other indices in the main market, which saw no trading of treasury bills.
The Total Return Index declined 0.22% and All Share Index by 0.19%, while Al Rayan Islamic Index (Price) rose 0.23% in the main bourse, whose trade turnover grew amidst lower volumes.
The industrials sector index shrank 0.62%, banks and financial services (0.5%) and consumer goods and services (0.36%); whereas real estate gained 1.88%, transport (1.46%), telecom (0.45%) and insurance (0.32%).
Major shakers in the main market included QLM, Beema, Qatar General Insurance and Reinsurance, Qatar Islamic Insurance, Doha Bank and Commercial Bank. In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
Nevertheless, Qatari German Medical Devices, Widam Food, Al Khaleej Takaful, Milaha, Qatari Investors Group, Aamal Company, Qatar Insurance, Barwa, United Development Company and Ezdan were among the gainers in the main market.
The foreign institutions’ net selling increased perceptibly to QR34.11mn compared to QR32.83mn on May 28.
The Gulf institutions’ net buying weakened noticeably to QR3.45mn against QR14.92mn the previous day.
The Arab individual investors’ net buying shrank markedly to QR2.92mn compared to QR7.1mn on Sunday.
However, the Qatari individuals’ net buying increased significantly to QR20.63mn against QR13.27mn on May 28.
The domestic funds turned net buyers to the tune of QR4.94mn compared with net sellers of QR1.09mn the previous day.
The foreign individuals were net buyers to the extent of QR1.72mn against net sellers of QR1.51mn on Sunday.
The Gulf retail investors’ net buying strengthened marginally to QR0.37mn compared to QR0.13mn on May 28.
The Arab institutions turned net buyers to the tune of QR0.08mn against no major net exposure the previous day.
The main market saw less than 1% shrinkage in trade volumes to 255.9mn shares but on 16% jump in value to QR573.8mn and 28% in deals to 19,953.
