The realty, transport and telecom counters witnessed higher than average demand to lift the 20-stock Qatar Index 0.34% to 10,427.91points.
The market’s year-to-date losses have pared down to a paltry 0.01%.
Large and midcap segments witnessed buying interests in the bourse, which, however, witnessed strengthened net selling by foreign institutions and local retail investors.
Trade turnover and volume were on the decline in the market, where telecom, banking and real estate sectors together accounted for about 84% of the total trade volumes.
Market capitalisation gained more than QR1bn, or 0.2%, to QR562.09bn as large and midcap stocks rose 0.26% and 0.13%, while micro and small caps fell 0.2% and 0.05% respectively.
The Total Return Index rose 0.34% to 16,871.67 points, the All Share Index by 0.26% to 2,862.92 points and the Al Rayan Islamic Index by 0.27% to 3,868.14 points.
Realty sector saw its index gain 0.75%, followed by transport (0.7%), telecom (0.41%), banks and financial services (0.26%) and consumer goods (0.04%), whereas insurance and industrials fell 0.29% and 0.08% respectively.
Major gainers included Barwa, Masraf Al Rayan, Ezdan, Ooredoo, Milaha, Nakilat, Qatar Islamic Bank, Doha Bank and QIIB; even as Qatar Insurance, Commercial Bank, al khaliji, Alijarah Holding, Gulf International Services, Mesaieed Petrochemical Holding, Mazaya Qatar, United Development Company and Qatari Investors Group were among losers.
Domestic institutions’ net buying strengthened substantially to QR62.41mn compared to QR6.22mn on December 21.
However, local retail investors’ net profit booking rose perceptibly to QR39.15mn against QR27.31mn on Wednesday.
Non-Qatari institutions’ net selling increased considerably to QR21.64mn compared to QR6.98mn the previous day.
GCC (Gulf Cooperation Council) institutions’ net buying plummeted to QR5.86mn against QR27.66mn on December 21.
Non-Qatari individual investors’ net selling strengthened considerably to QR5.24mn compared to QR0.22mn on Wednesday.
GCC individual investors turned net profit-takers to the tune of QR0.22mn against net buyers of QR0.63mn the previous day.
Total trade volume fell 14% to 6.75mn shares, value by 19% to QR258.22mn and deals by 38% to 2,539.
There was a 47% plunge in the consumer goods sector’s trade volume to 0.24mn equities but on a 13% rise in value to QR12mn and 31% in transactions to 289.
The banks and financial services sector’s trade volume plummeted 46% to 1.94mn stocks, value by 24% to QR145.13mn and deals by 50% to 938.
The industrials sector reported a 43% shrinkage in trade volume to 0.39mn shares, 46% in value to QR23.9mn and 39% in transactions to 445.
The transport sector’s trade volume tanked 31% to 0.18mn equities, value by 26% to QR7.26mn and deals by 39% to 118.
The market witnessed a 26% decline in the real estate sector’s trade volume to 1.59mn stocks, 29% in value to QR29.89mn and 33% in transactions to 460.
However, the telecom sector’s trade volume more than tripled to 2.11mn shares and value almost doubled to QR24.72mn but on a 38% slump in deals to 160.
The insurance sector’s trade volume more than doubled to 0.3mn equities and value also more than doubled to QR15.32mn on a 12% increase in transactions to 129.
In the debt market, there was no trading of treasury bills and government bonds.
The market’s year-to-date losses have pared down to a paltry 0.01%.
Large and midcap segments witnessed buying interests in the bourse, which, however, witnessed strengthened net selling by foreign institutions and local retail investors.
Trade turnover and volume were on the decline in the market, where telecom, banking and real estate sectors together accounted for about 84% of the total trade volumes.
Market capitalisation gained more than QR1bn, or 0.2%, to QR562.09bn as large and midcap stocks rose 0.26% and 0.13%, while micro and small caps fell 0.2% and 0.05% respectively.
The Total Return Index rose 0.34% to 16,871.67 points, the All Share Index by 0.26% to 2,862.92 points and the Al Rayan Islamic Index by 0.27% to 3,868.14 points.
Realty sector saw its index gain 0.75%, followed by transport (0.7%), telecom (0.41%), banks and financial services (0.26%) and consumer goods (0.04%), whereas insurance and industrials fell 0.29% and 0.08% respectively.
Major gainers included Barwa, Masraf Al Rayan, Ezdan, Ooredoo, Milaha, Nakilat, Qatar Islamic Bank, Doha Bank and QIIB; even as Qatar Insurance, Commercial Bank, al khaliji, Alijarah Holding, Gulf International Services, Mesaieed Petrochemical Holding, Mazaya Qatar, United Development Company and Qatari Investors Group were among losers.
Domestic institutions’ net buying strengthened substantially to QR62.41mn compared to QR6.22mn on December 21.
However, local retail investors’ net profit booking rose perceptibly to QR39.15mn against QR27.31mn on Wednesday.
Non-Qatari institutions’ net selling increased considerably to QR21.64mn compared to QR6.98mn the previous day.
GCC (Gulf Cooperation Council) institutions’ net buying plummeted to QR5.86mn against QR27.66mn on December 21.
Non-Qatari individual investors’ net selling strengthened considerably to QR5.24mn compared to QR0.22mn on Wednesday.
GCC individual investors turned net profit-takers to the tune of QR0.22mn against net buyers of QR0.63mn the previous day.
Total trade volume fell 14% to 6.75mn shares, value by 19% to QR258.22mn and deals by 38% to 2,539.
There was a 47% plunge in the consumer goods sector’s trade volume to 0.24mn equities but on a 13% rise in value to QR12mn and 31% in transactions to 289.
The banks and financial services sector’s trade volume plummeted 46% to 1.94mn stocks, value by 24% to QR145.13mn and deals by 50% to 938.
The industrials sector reported a 43% shrinkage in trade volume to 0.39mn shares, 46% in value to QR23.9mn and 39% in transactions to 445.
The transport sector’s trade volume tanked 31% to 0.18mn equities, value by 26% to QR7.26mn and deals by 39% to 118.
The market witnessed a 26% decline in the real estate sector’s trade volume to 1.59mn stocks, 29% in value to QR29.89mn and 33% in transactions to 460.
However, the telecom sector’s trade volume more than tripled to 2.11mn shares and value almost doubled to QR24.72mn but on a 38% slump in deals to 160.
The insurance sector’s trade volume more than doubled to 0.3mn equities and value also more than doubled to QR15.32mn on a 12% increase in transactions to 129.
In the debt market, there was no trading of treasury bills and government bonds.
