The Qatar Stock Exchange Sunday opened the week on a weaker note with its key index falling below 10,000 points intraday but some last minute buying helped it finally settle at

Gulf Times

10,001.16 points.
The real estate, insurance, industrials, consumer goods and transport sectors witnessed higher than average selling pressure as the 20-stock Qatar Index lost 0.61% or 61 points.
As much as 75% of the traded constituents were in the red in the main market, whose year-to-date losses widened further to 6.37%.
The foreign individuals turned bearish in the main bourse, whose capitalisation melted QR3.58bn or 0.6% to QR589.91bn with small and midcap segments losing the most.
The local retail investors were seen net profit takers in the main market, which regained from an intraday low of 9,985 points.
The Islamic index declined faster than the other indices in the main bourse, which saw a total of 0.03mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.26mn changed hands across 15 deals.
The Arab individuals turned bearish in the main market, which saw no trading of sovereign bonds.
The Gulf retail investors were seen net sellers in the main market, which saw no trading of treasury bills.
The Total Return Index shed 0.61%, the All Share Index by 0.65% and the Al Rayan Islamic Index (Price) by 0.75% in the main bourse, whose trade turnover and volumes were on the decline.
The real estate sector index plummeted 2.12%, insurance (1.95%), industrials (0.98%), consumer goods and services (0.96%), transport (0.94%) and banks and financial services (0.3%); while telecom gained 0.38%.
Major losers in the main market included Al Khaleej Takaful, Doha Insurance, United Development Company, Qatar Oman Investment, Lesha Bank, Inma Holding, Qatari German Medical Devices, Baladna, Industries Qatar, Estithmar Holding, Gulf International Services, Qamco and Mazaya Qatar.
In the venture market, both Al Faleh Educational Holding and Mahhar Holding saw their shares depreciate in value.
Nevertheless, Widam Food, Mannai Corporation, Ooredoo, Mekdam and Vodafone Qatar were among the gainers in the main bourse.
The foreign individuals turned net sellers to the tune of QR4.63mn compared with net buyers of QR4.19mn on October 5.
The local retail investors were net sellers to the extent of QR4.08mn against net buyers of QR34.72mn last Thursday.
The Arab individuals turned net sellers to the tune of QR0.55mn compared with net buyers of QR0.06mn the previous trading day.
The Gulf retail investors were net profit takers to the extent of QR0.11mn against net buyers of QR0.98mn on October 5.
The Arab institutions turned net sellers to the tune of QR0.09mn compared with no major net exposure last Thursday.
The Gulf institutions’ net buying weakened noticeably to QR8.02mn against QR9.81mn the previous trading day.
However, the domestic institutions were net buyers to the extent of QR6.21mn compared with net sellers of QR2.09mn on October 5.
The foreign institutions’ net profit booking decreased substantially to QR4.78mn against QR47.68mn last Thursday.
Trade volumes in the main market decreased 20% to 148.82mn shares, value by 33% to QR323.05mn and deals by 31% to 10,833.
Nevertheless, the venture market saw a 71% surge in trade volumes to 0.41mn equities, 84% in value to QR0.68mn and 64% in transactions to 59.
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