The Gulf funds were seen increasingly into net buying as the 20-stock Qatar Index rose 0.02% to 10,497.04 points.
The transport, insurance, consumer goods and industrials counters witnessed higher than average demand in the main market, which had hit an intraday high of 10,546 points.
The local retail investors’ weakened net selling had its influence in the main market, whose year-to-date losses reduced further to 1.72%.
As much as 48% of the traded constituents extended gains in the main bourse, whose capitalisation nevertheless shed QR1.17bn or 0.19% to QR618.73n with microcap segments losing the most.
However, the domestic funds were increasingly into net selling in the main market, which saw a total of 0.04mn exchange traded funds (sponsored by Masraf Al Rayan) valued at QR0.11mn changed hands across six deals.
The foreign institutions’ net selling increased perceptibly in the main bourse, which saw no trading of sovereign bonds.
The Islamic index was seen declining vis-à-vis gains in the other indices in the main market, which saw no trading of treasury bills.
The Total Return Index was up 0.02% and All Share Index by 0.01%, while Al Rayan Islamic Index (Price) fell 0.18% in the main bourse, whose trade turnover grew amidst lower volumes.
The transport sector index gained 0.69%, insurance (0.56%), consumer goods and services (0.4%), industrials (0.22%) and banks and financial services (0.04%); while telecom declined 2.59% and real estate 0.72%.
Major movers in the main market included Widam Food, Qatar General Insurance and Reinsurance, Qatar Oman Investment, Qatar Cinema and Film Distribution, Inma Holding and Commercial Bank. In the venture market, both Al Faleh Educational Holding and Mahhar Holding saw their stocks appreciate in value.
Nevertheless, Ooredoo, QLM, Gulf International Services, Mekdam Holding, Salam International Investment, Estithmar Holding, Mazaya Qatar, Ezdan and Vodafone Qatar were among the losers in the main market.
The Gulf institutions’ net buying increased perceptibly to QR34.74mn compared to QR30.91mn on July 21.
The local retail investors’ net selling fell substantially to QR8.27mn against QR23.57mn the previous day.
However, the domestic institutions’ net selling grew noticeably to QR11.08mn compared to QR5.76mn on Sunday.
The foreign institutions’ net profit booking expanded markedly to QR10.89mn against QR4.16mn on July 21.
The foreign retail investors’ net selling shot up notably to QR2.73mn compared to QR0.41mn the previous day.
The Arab individuals turned net sellers to the extent of QR2.16mn against net buyers of QR2.45mn on Sunday.
The Gulf individuals’ net buying decreased marginally to QR0.39mn compared to QR0.56mn on July 21.
The Arab funds had no major net exposure against net profit takers to the tune of QR0.03mn the previous day.
The main market saw a 5% contraction in trade volumes to 229.32mn shares, while 21% increase in value to QR526.53mn and 26% in deals to 17,418.
In the venture market, trade volumes surged 74% to 0.73mn equities, value by 81% to QR1.63mn and transactions by 34% to 118.