The Gulf funds were increasingly net buyers as the 20-stock Qatar Index settled 0.36% higher at 10,434.78 points.
The domestic institutions’ weakened net selling had its influence in the main market, which however recovered from an intraday low 10,379 points.
The local retail investors’ lower net selling pressure also had its say in the main bourse, whose year-to-date losses narrowed further to 2.31%.
The Gulf individuals’ net profit booking was seen weakening in the main bourse, whose capitalisation gained QR1.13bn or 0.18% to QR617.27bn, mainly on account of microcap segments.
The foreign institutions continued to be net buyers but with lesser intensity in the main bourse, which saw a total of 0.1mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.24mn changed hands across seven deals.
The Arab retail investors turned net sellers in the main market, which saw no trading of sovereign bonds.
The Islamic index was seen gaining faster than the other indices in the main market, which saw no trading of treasury bills.
The Total Return Index rose 0.36%, All Share Index by 0.38% and Al Rayan Islamic Index (Price) by 0.41% in the main bourse, whose trade turnover and volumes were on the increase.
The insurance sector index shot up 3.01%, transport (0.63%), banks and financial services (0.42%), telecom (0.36%), real estate (0.36%) and consumer goods and services (0.13%); while industrials fell 0.14%.
Major gainers in the main market included Dlala, Widam Food, Qatari German Medical Devices, Al Khaleej Takaful, Qatar Insurance, Inma Holding, Mesaieed Petrochemical Holding and Barwa. In the venture market, Al Faleh Educational Holding saw its shares appreciate in value.
Nevertheless, Doha Insurance, Qatar Islamic Insurance, Alijarah Holding, Mannai Corporation, Salam International Investment, Gulf International Services, Ezdan and Gulf Warehousing were among the shakers in the main market.
The Gulf institutions’ net buying increased noticeably to QR20.94mn compared to QR13.07mn on June 4.
The domestic institutions’ net profit booking fell substantially to QR8.34mn against QR31.21mn the previous day.
The Qatari individuals’ net selling weakened markedly to QR11.89mn compared to QR29.03mn on Sunday.
The foreign individual investors’ net selling shrank perceptibly to QR0.08mn against QR2.42mn on June 4.
The Gulf retail investors’ net profit booking eased marginally to QR0.09mn compared to QR0.11mn the previous day.
However, the Arab individuals were net sellers top the extent of QR4.8mn against net buyers of QR5.36mn on Sunday.
The Arab institutions turned net profit takers to the tune of QR0.01mn compared with no major net exposure on June 4.
The foreign funds’ net buying decreased substantially to QR4.28mn against QR44.33mn the previous day.
The main market saw an 11% jump in trade volumes to 206.53mn shares, 23% in value to QR576.39mn and 35% in deals to 22,282.