The realty, banking, transport and insurance counters witnessed higher net selling, resulting in the 20-stock Qatar Index to shrink 0.22% to 10,702.03 points.
Net selling pressure was squarely visible in the mid and large cap segments in the bourse, whose year-to-date gains stood at 2.54%.
Trade turnover and volumes were on the increase in the market, where the real estate, banking and telecom sectors together accounted for more than 77% of the total volumes.
Islamic stocks were seen declining slower than the conventional indices in the bourse, where domestic institutions and Gulf individuals turned net buyers and there was stronger buying support from Gulf institutions.
Market capitalisation was down QR46mn, or 0.08%, to QR576.03bn with mid and large cap equities dropping 0.46% and 0.18%, while micro and small caps rose 0.19% and 0.01% respectively.
The Total Return Index shed 0.22% to 17,315.18 points, the All Share Index by 0.19% to 2,934.71 points and the Al Rayan Islamic Index by 0.05% to 3,976.03 points.
The realty sector saw its index slump 0.4%, followed by banks and financial services (0.31%), transport (0.3%), insurance (0.25%) and consumer goods (0.08%), whereas telecom and industrials gained 0.27% and 0.1% respectively.
About 59% of the traded stocks were in the red with major losers being Masraf Al Rayan, Doha Bank, Gulf Warehousing, Qatar Electricity and Water, Aamal Company, Gulf International Services, Mesaieed Petrochemical Holding, Ezdan, Barwa, Vodafone Qatar, Nakilat, Alijarah Holding and Salam International Investment.
Nevertheless, Industries Qatar, Ooredoo, Mazaya Qatar, United Development Company, Dlala and Medicare Group made some modest gains.
Local retail investors’ net selling strengthened considerably to QR33.19mn compared to QR23.51mn the previous day.
Non-Qatari institutions’ net buying weakened substantially to QR12.68mn against QR22.71mn on Sunday.
Non-Qatari individual investors’ net buying fell marginally to QR3.12mn compared to QR3.53mn on January 8.
However, domestic institutions turned net buyers to the tune of QR5.84mn against net sellers of QR4.82mn the previous day.
GCC (Gulf Cooperation Council) retail investors were net buyers to the extent of QR1.64mn compared with net sellers of QR0.42mn on Sunday.
GCC institutions’ net buying increased perceptibly to QR9.91mn against QR2.48mn on January 8.
Total trade volume rose 33% to 9.18mn shares, value by 51% to QR264.22mn and deals by 35% to 4,294.
The consumer goods sector’s trade volume more than doubled to 0.51mn equities and value more than tripled to QR33.99mn on more-than-tripled transactions to 587.
The transport sector’s trade volume more than doubled to 0.28mn stocks and value soared 47% to QR8.19mn on more-than-doubled deals to 196.
There was a 75% surge in the real estate sector’s trade volume to 3.37mn shares, 71% in value to QR68.11m and 42% in transactions to 678.
The telecom sector’s trade volume shot up 48% to 1.63mn equities, value by 36% to QR19.4mn and deals by 37% to 240.
The banks and financial services sector saw a 3% expansion in trade volume to 2.09mn stocks, 42% in value to QR77.02mn and 32% in transactions to 1,039.
However, the industrials sector’s trade volume plummeted 14% to 1.14mn shares, while value gained 15% to QR45.36mn and deals by 5% to 1,412.
The insurance sector reported a 6% shrinkage in trade volume to 0.17mn equities but on a 3% increase in value to QR12.15mn and 6% in transactions to 142.
In the debt market, there was no trading of treasury bills and government bonds.
Net selling pressure was squarely visible in the mid and large cap segments in the bourse, whose year-to-date gains stood at 2.54%.
Trade turnover and volumes were on the increase in the market, where the real estate, banking and telecom sectors together accounted for more than 77% of the total volumes.
Islamic stocks were seen declining slower than the conventional indices in the bourse, where domestic institutions and Gulf individuals turned net buyers and there was stronger buying support from Gulf institutions.
Market capitalisation was down QR46mn, or 0.08%, to QR576.03bn with mid and large cap equities dropping 0.46% and 0.18%, while micro and small caps rose 0.19% and 0.01% respectively.
The Total Return Index shed 0.22% to 17,315.18 points, the All Share Index by 0.19% to 2,934.71 points and the Al Rayan Islamic Index by 0.05% to 3,976.03 points.
The realty sector saw its index slump 0.4%, followed by banks and financial services (0.31%), transport (0.3%), insurance (0.25%) and consumer goods (0.08%), whereas telecom and industrials gained 0.27% and 0.1% respectively.
About 59% of the traded stocks were in the red with major losers being Masraf Al Rayan, Doha Bank, Gulf Warehousing, Qatar Electricity and Water, Aamal Company, Gulf International Services, Mesaieed Petrochemical Holding, Ezdan, Barwa, Vodafone Qatar, Nakilat, Alijarah Holding and Salam International Investment.
Nevertheless, Industries Qatar, Ooredoo, Mazaya Qatar, United Development Company, Dlala and Medicare Group made some modest gains.
Local retail investors’ net selling strengthened considerably to QR33.19mn compared to QR23.51mn the previous day.
Non-Qatari institutions’ net buying weakened substantially to QR12.68mn against QR22.71mn on Sunday.
Non-Qatari individual investors’ net buying fell marginally to QR3.12mn compared to QR3.53mn on January 8.
However, domestic institutions turned net buyers to the tune of QR5.84mn against net sellers of QR4.82mn the previous day.
GCC (Gulf Cooperation Council) retail investors were net buyers to the extent of QR1.64mn compared with net sellers of QR0.42mn on Sunday.
GCC institutions’ net buying increased perceptibly to QR9.91mn against QR2.48mn on January 8.
Total trade volume rose 33% to 9.18mn shares, value by 51% to QR264.22mn and deals by 35% to 4,294.
The consumer goods sector’s trade volume more than doubled to 0.51mn equities and value more than tripled to QR33.99mn on more-than-tripled transactions to 587.
The transport sector’s trade volume more than doubled to 0.28mn stocks and value soared 47% to QR8.19mn on more-than-doubled deals to 196.
There was a 75% surge in the real estate sector’s trade volume to 3.37mn shares, 71% in value to QR68.11m and 42% in transactions to 678.
The telecom sector’s trade volume shot up 48% to 1.63mn equities, value by 36% to QR19.4mn and deals by 37% to 240.
The banks and financial services sector saw a 3% expansion in trade volume to 2.09mn stocks, 42% in value to QR77.02mn and 32% in transactions to 1,039.
However, the industrials sector’s trade volume plummeted 14% to 1.14mn shares, while value gained 15% to QR45.36mn and deals by 5% to 1,412.
The insurance sector reported a 6% shrinkage in trade volume to 0.17mn equities but on a 3% increase in value to QR12.15mn and 6% in transactions to 142.
In the debt market, there was no trading of treasury bills and government bonds.