The Qatar Stock Exchange (QSE) on Tuesday treaded a flat path despite stronger buying in four of the seven sectors.

Gulf Times

The Gulf institutions were seen net profit takers even as the 20-stock Qatar Index remained rather unchanged at 10,190.65 points, although it touched an intraday high of 10,232 points.
More than 54% of the traded constituents were in the red in the main market, whose year-to-date losses were at 5.91%.
The domestic institution turned bearish in the main bourse, whose capitalisation was down QR0.88bn or 0.15% to QR587.16bn with microcap segments leading the pack of shakers.
The local individuals continued to be net profit takers but with lesser intensity in the main market, which saw as many as 0.03mn exchange traded funds (sponsored by Masraf Al Rayan) valued at QR0.03mn trade across 10 deals.
The foreign funds were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.
The Islamic index reported gains vis-à-vis flat main market, which reported no trading of treasury bills.
The Total Return Index treaded a flat path, while the All Share Index shrank 0.15% even as the All Islamic Index grew 0.22% in the main bourse, whose trade turnover fell amidst higher volumes.
The banks and financial services sector index shrank 0.61%, consumer goods and services (0.42%) and real estate (0.34%); while transport gained 1.06%, industrials (0.52%), telecom (0.23%) and insurance (0.07%).
Major losers in the main market included Qatar Industrial Manufacturing, Qatar Oman Investment, Qatar National Cement, Dlala, QNB and Lesha Bank. In the venture market, Mahhar Holding saw its shares depreciate in value.
Nevertheless, Meeza, Mesaieed Petrochemical Holding, Qamco, Milaha, Zad Holding and Nakilat were among the movers in the main bourse.
The Gulf institutions turned net sellers to the tune of QR7.79mn compared with net buyers of QR12.07mn on March 11.
The domestic funds were net sellers to the extent of QR1.06mn against net buyers of QR13.14mn on Monday.
However, the foreign institutions’ net buying increased noticeably to QR18.4mn compared to QR13.73mn the previous day.
The Arab retail investors turned net buyers to the tune of QR2.67mn against net sellers of QR5.01mn on March 11.
The foreign individuals were net buyers to the extent of QR2.18mn compared with net sellers of QR4.05mn on Monday.
The Gulf retail investors turned net buyers to the tune of QR0.02mn against net profit takers of QR1.77mn the previous day.
The local individual investors’ net selling declined substantially to QR14.42mn compared to QR28.12mn on March 11.
The Arab institutions had no major net exposure against net buyers to the extent of QR0.01mn on Monday.
Trade volumes in the main market rose 15% to 135.05mn shares, while value was down about 1% to QR384.13mn amidst 6% higher deals at 14,495.
The venture market saw a 3% jump in trade volumes to 0.37mn equities but on 5% fall in value to QR0.6mn and 54% in transactions to 19.
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