The Gulf retail investors were increasingly net buyers in the main market, whose year-to-date losses stood at 3.57%.
The Gulf institutions’ weakened net selling had its influence in the main bourse, whose capitalisation added QR2.46bn or 0.4% to QR611.12bn with small cap segments gaining the most.
The foreign funds continued to be bullish but with lesser intensity in the main market, which touched an intraday high of 10,494 points.
The local individuals were seen net profit takers in the main bourse, which saw as many as 3,972 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.01mn trade across three deals.
The Arab retail investors turned bearish in the main market, which saw no trading of sovereign bonds.
The Islamic index underperformed the other indices in the main bourse, which witnessed no trading of treasury bills.
The Total Return Index rose 0.1%, the All Islamic Index by 0.02% and the All Share Index by 0.28% in the main bourse, whose trade turnover fell amidst marginally higher volumes.
The telecom sector index shot up 1.36%, transport (1.35%), real estate (0.86%) and banks and financial services (0.64%); while industrials fell 1.06%, consumer goods and services (0.2%) and insurance (0.07%).
Major gainers in the main market included Alijarah Holding, Ezdan, Aamal Company, Lesha Bank, Qatar General Insurance and Reinsurance, QNB, Masraf Al Rayan, Salam International Investment, Mazaya Qatar, United Development Company, Ooredoo, Vodafone Qatar and Milaha. In the venture market, Mahhar Holding saw its shares appreciate in value.
Nevertheless, Beema, Mesaieed Petrochemical Holding, Doha Insurance, Qatar Electricity and Water and Gulf Warehousing were among the shakers in the main market. In the junior bourse, Al Faleh Educational Holding saw its shares depreciate in value.
The domestic institutions turned net buyers to the tune of QR5.38mn compared with net sellers of QR17.09mn on January 4.
The Gulf individual investors’ net buying increased noticeably to QR1.7mn against QR0.18mn the previous day.
The Gulf institutions’ net profit booking declined substantially to QR2.05mn compared to QR22.91mn last Thursday.
However, the local retail investors were net sellers to the extent of QR4.23mn against net buyers of QR14.71mn on January 4.
The Arab individuals turned net profit takers to the tune of QR4.18mn compared with net buyers of QR11.81mn the previous day.
The foreign individuals were net sellers to the extent of QR1.12mn against net buyers of QR4.39mn last Thursday.
The foreign institutions’ net buying weakened perceptibly to QR4.51mn compared to QR8.93mn on January 4.
The Arab institutions had no major net exposure.
Trade volumes in the main market were up about 1% to 146.31mn shares, while value shrank 16% to QR378.57mn deals by 23% to 13,241.
The venture market saw a 27% jump in trade volumes to 0.23mn equities and 18% in value to QR0.26mn but on 9% contraction in transactions to 21.
