The Arab individuals were seen increasingly into net selling in the main market, whose year-to-date losses widened to 6.8%.
The foreign individuals turned net sellers in the main bourse, whose capitalisation melted QR3.29bn or 0.56% to QR587.11bn with small and microcap segments losing the most.
More than 85% of the traded constituents were in the red in the main market, whose index however touched an intraday high of 10,052 points.
On the negative side, only below the strong support line at 9,585 points could shift the tone to a deeper bearish move and lead to 9,000 points, a Kamco Invest analysis note had said, adding medium-term and long-term investors can re-enter the market at levels higher than 11,150 points and 11,270 points, respectively.
The Islamic index was seen declining faster than the other indices in the main bourse, which had no trading of exchange traded funds.
The Arab institutions turned net profit takers in the main market, which saw no trading of sovereign bonds.
The foreign institutions’ net buying weakened substantially in the main bourse, which saw no trading of treasury bills.
The Total Return Index shed 0.79%, All Share Index by 0.67% and Al Rayan Islamic Index (Price) by 1.1% in the main bourse, whose trade turnover and volumes were on the increase.
The real estate sector index tanked 1.98%, transport (1.85%), insurance (1.69%), industrials (1.02%), consumer goods and services (0.88%), telecom (0.39%) and banks and financial services (0.16%).
Major losers in the main bourse included Qatari Investors Group, Alijarah Holding, Dlala, Qatar Industrial Manufacturing, Mazaya Qatar, Doha Bank, Qatar Islamic Bank, Inma Holding, Qatari German Medical Devices, Salam International Investment, Widam Food, Mannai Corporation, Industries Qatar, Gulf International Services, Mesaieed Petrochemical Holding, Qamco, QLM, Ezdan, Barwa and Nakilat. In the venture market, both Al Faleh Educational Holding and Mahhar Holding saw their shares depreciate in value.
Nevertheless, QNB, Qatar Electricity and Water, Beema, Commercial Bank and Vodafone Qatar were among the gainers in the main market.
The Arab individual investors’ net selling increased substantially to QR14.52mn compared to QR0.17mn on October 17.
The foreign individuals turned net sellers to the tune of QR2.74mn against net buyers of QR9.02mn the previous day.
The local retail investors were net sellers to the extent of QR0.97mn compared with net buyers of QR5.64mn on Tuesday.
The Arab institutions turned net profit takers to the extent of QR0.03mn against net buyers of QR0.03mn on October 17.
The foreign institutions’ net buying weakened drastically to QR13.96mn compared to QR34.87mn the previous day.
However, the domestic institutions were net buyers to the tune of QR14.21mn against net sellers of QR11.97mn on Tuesday.
The Gulf individuals turned net buyers to the extent of QR0.05mn compared with net sellers of QR0.32mn on October 17.
The Gulf institutions’ net profit booking decreased significantly to QR9.97mn against QR37.07mn the previous day.
Trade volumes in the main market soared 32% to 150.96mn shares, value by 14% to QR433.1mn and deals by 25% to 20,395.
The venture market saw a 34% contraction in trade volumes to 1.42mn equities, 1% in value to QR1.56mn and 6% in transactions to 107.
