Amidst global apprehensions over the impact of the US tariffs on several trading partners, the Qatar Stock Exchange Thursday entered the fourth day of bull-run with its key index inching towards 11,400 levels and capitalisation add about QR3bn.Foreign funds were seen increasingly into net buying as the 20-stock Qatar Index gained as much as 38 points or 0.33% to a new multi-year high of 11,363.71 points, recovering from an intraday low of 11,307 points.The Gulf institutions were increasingly bullish in the main market, whose year-to-date gains improved further to 7.5%.About 55% of the traded constituents extended gains to investors in the main bourse, whose capitalisation added QR2.9bn or 0.43% to QR676.28bn mainly on small and microcap segments.The Gulf retail investors turned net buyers in the main market, which saw as many as 0.02mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.05mn trade across eight deals.The foreign individuals’ weakened net profit booking had its influence on the main bourse, whose trade turnover fell amidst higher volumes.The Islamic index was seen outperforming the main barometer of the main market, which saw no trading of treasury bills.The Arab retail investors were seen net buyers, albeit at lower levels, in the main bourse, which saw a total of 0.03mn sovereign bonds valued at QR344.07mn change hands across five transactions.The Total Return Index gained 0.42%, the All Islamic Index by 0.34% and the All Share Index by 0.41% in the main market.The banks and financial services sector index rose 0.52%, transport (0.47%), telecom (0.41%), industrials (0.36%) and real estate (0.32%); while consumer goods and services declined 0.29% and insurance 0.02%.Major movers in the main market included Estithmar Holding, Qamco, Dlala, Barwa, Baladna, QNB, Medicare Group, Mazaya Qatar, Ooredoo and Vodafone Qatar.Nevertheless, Qatar General Insurance and Reinsurance, Ahlibank Qatar, Meeza, Qatar Electricity and Water, Qatari Investors Group and Woqod were among the shakers in the main bourse. In the venture market, Techno Q saw its shares depreciate in value.The foreign institutions’ net buying increased substantially to QR61.14% compared to QR28.66mn on August 6.The Gulf institutions’ net buying strengthened significantly to QR30.84mn against QR8.39mn the previous day.The Gulf individual investors turned net buyers to the tune of QR2.38mn compared with net sellers of QR1.48mn on Wednesday.The Arab retail investors were net buyers to the extent of QR0.02mn against net profit takers of QR2.49mn on August 6.The foreign individual investors’ net selling decreased markedly to QR1.6mn compared to QR3.99mn the previous day.The Arab institutions’ net profit booking weakened marginally to QR0.05mn against QR0.24mn on Wednesday.However, the local retail investors’ net selling expanded noticeably to QR75.63mn compared to QR54.44mn on August 6.The domestic institutions turned net sellers to the tune of QR17.1mn against net buyers of QR25.59mn the previous day.The main market saw a 2% jump in trade volumes to 245.26mn shares but on less than 1% fall in value to QR538.01mn and 9% in deals to 23,561.In the venture market, a total of 0.04mn equities valued at QR0.1mn changed hands across 17 transactions.
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