The real estate, industrials and banking counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.39% to 10,777.99 points.
The foreign institutions’ weakened net selling had its influence in the main market, whose year-to-date gains strengthened further to 0.91%.
The local retail investors’ lower net profit booking also had its say in the main bourse, which saw the index regain from an intraday low of 10,745 points.
The Arab individuals continued to be net buyers but with lesser intensity in the main market, whose capitalisation added QR1.8bn or 0.29% to QR632.01bn with small and microcap segments gaining the most.
The domestic institutions were seen bearish in the main bourse, which saw a total of 0.02mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.09mn changed hands across nine deals.
The Gulf individual investors were increasingly into net profit booking in the main market, which saw no trading of sovereign bonds.
The Islamic index was seen outperforming the main index in the main market, which saw no trading of treasury bills.
The Total Return Index rose 0.39%, Al Rayan Islamic Index (Price) by 0.6% and All Share Index by 0.37% in the main bourse, whose trade turnover fell amidst higher volumes.
The realty sector index jumped 0.94%, industrials (0.67%), banks and financial services (0.5%), and consumer goods and services (0.19%); whereas insurance declined 0.95%, transport (0.47%) and telecom (0.18%).
Major gainers in the main market included Qatar General Insurance and Reinsurance, Qamco, QLM, Qatar German Medical Devices, Zad Holding, QIIB, Industries Qatar, Gulf International Services and Barwa. In the venture market, Mahhar Holding saw its shares appreciate in value.
Nevertheless, Dlala, Qatar Insurance, Beema, Inma Holding, Mazaya Qatar, Mannai Corporation, Nakilat and Gulf Warehousing were in the red in the major bourse.
The Gulf institutions’ net buying increased perceptibly to QR19.68mn compared to QR15.8mn on August 10.
The foreign institutions’ net selling declined noticeably to QR7.74mn against QR11.25mn the previous trading day.
The local retail investors’ net profit booking shrank markedly to QR111.94mn compared to QR13.9mn last Thursday.
The foreign individual investors’ net selling weakened notably to QR0.6mn against QR2.81mn on August 10.
However, the domestic funds were net sellers to the tune of QR2.6mn compared with net buyers of QR7.89mn the previous trading day.
The Gulf retail investors’ net profit booking grew marginally to QR0.35mn against QR0.08mn last Thursday.
The Arab individuals’ net buying decreased notably to QR3.55mn compared to QR4.34mn on August 10.
The Arab institutions had no major net exposure.
Trade volumes in the main market rose 17% to 159.85mn shares, while value declined 9% to QR334.63mn and deals by 27% to 11,121.
The venture market saw a 66% plunge in trade volumes to 0.63mn equities, 69% in value to QR1.24mn and 68% in transactions to 117.
