The Qatar Stock Exchange was back in black Tuesday with its key index gaining as much as 35 points as industrials, consumer goods, real estate ad banking counters witnessed

Gulf Times

higher than average demand.
The Arab retail investors were seen increasingly into net buying as the 20-stock Qatar Index rose 0.34% to 10,370.93 points.
The domestic institutions were seen bullish, albeit at lower levels in the main market, whose year-to-date losses truncated to 2.9%.
More than 61% of the traded constituents extended gains to investors in the main bourse, which regained from an intraday low of 10,342 points.
The foreign institutions’ weakened net selling had its influence in the main market, whose capitalisation added QR2.29bn or 0.38% to QR612.26bn with small cap segments gaining the most.
The local retail investors continued to be net buyers but with lesser intensity in the main bourse, which saw a total of 0.05mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.11mn changed hands across 17 deals.
The Gulf institutions turned net profit takers 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 0.34%, All Share Index by 0.37% and Al Rayan Islamic Index (Price) by 0.45% in the main bourse, whose trade turnover and volumes were on the rise.
The industrials sector index expanded 0.76%, consumer goods and services (0.66%), realty (0.43%), banks and financial services (0.38%) and insurance (0.31%); while telecom and transport declined 0.84% and 0.3% respectively.
Major gainers in the main market included Estithmar Holding, Qatar National Cement, Qatari Investors Group, Al Khaleej Takaful, Qamco, Meeza, Ezdan and Mazaya Qatar. In the venture market, Mahhar Holding saw its shares appreciate in value.
Nevertheless, Ahlibank Qatar, QLM, Dlala, Doha Insurance and Ooredoo were among the shakers in the main market. In the juniour bourse, Al Faleh Educational Holding saw its shares depreciate in value.
The Arab retail investors’ net buying increased noticeably to QR12.91mn compared to QR8.74mn on August 28.
The domestic funds turned net buyers to the tune of QR1.1mn against net profit takers of QR10.93mn on Monday.
The foreign institutions’ net selling declined significantly to QR21.53mn compared to QR36.3mn the previous day.
The Gulf individual investors’ net profit booking eased perceptibly to QR1.71mn against QR2.31mn on August 28.
However, the Gulf institutions were net sellers to the extent of QR14.34mn compared with net buyers of QR5.57mn on Monday.
The Arab institutions turned net profit takers to the tune of QR0.02mn against no major net exposure the previous day.
The local retail individuals’ net buying weakened markedly to QR22.02mn compared to QR29.8mn on August 28.
The foreign individual investors’ net buying shrank considerably to QR1.57mn against QR5.44mn on Monday.
Trade volumes in the main market zoomed 73% to 234.54mn shares, value by 58% to QR589.03mn and deals by 48% to 21,447.
The venture market saw more than doubling of trade volumes to 1.84mn equities and value more than quadrupled to QR4.09mn on more than doubled transactions to 334.
Related Story