The realty, insurance and industrials counters witnessed robust demand as the 20-stock Qatar Index gained 0.55% to 7,756.55 points.
However, domestic institutions and Gulf individuals turned net profit-takers in the market, whose year-to-date losses stood at 25.68%.
Islamic equities were seen gaining relatively faster than the main index in the bourse, whose capitalisation expanded 0.88% to QR421.85bn.
Trade turnover and volumes were on the decline in the market, where the industry, banking, real estate and telecom sectors together accounted for about 91% of the total volume.
The Total Return Index rose 0.55% to 13,007.27 points, the All Share Index by 1.23% to 2,162.31 points and the Al Rayan Islamic Index by 0.79% to 3,056.28 points.
The realty index soared 3.65%, followed by insurance (3.36%), industrials (1%), consumer goods (0.9%), transport (0.76%) and banks and financial services (0.57%); while telecom index was rather flat.
More than 71% of the stocks extended gains with major movers being Ezdan, Mazaya Qatar, Gulf International Services, Qatari Insurance, Qatar General and Reinsurance, Qatar Islamic Bank, Doha Bank, QIIB, Alijarah Holding, Aamal Company, Qatar Oman Investment, Salam International Investment, Gulf Warehousing and Medicare Group; while Islamic Holding Group and Industries Qatar were among the losers.
GCC (Gulf Cooperation Council) funds were net buyers to the tune of QR7.7mn against net sellers of QR0.52mn last Thursday.
Non-Qatari individuals’ net buying rose marginally to QR8.81mn compared to QR7.76mn the previous trading day.
Non-Qatari institutions’ net profit-booking weakened substantially to QR2.96mn against QR24.02mn on November 30.
However, domestic institutions turned net sellers to the extent of QR7.21mn compared with net buyers of QR18.96mn last Thursday.
Local retail investors’ net selling increased perceptibly to QR6.15mn against QR3.01mn the previous trading day.
GCC individual investors were net sellers to the tune of QR0.18mn compared with net buyers of QR0.74mn on November 30.
Total trade volume fell 49% to 8.09mn shares, value by 72% to QR122.85mn and deals by 57% to 2,394.
There was an 87% plunge in the transport sector’s trade volume to 0.41mn equities, 83% in value to QR11.64mn and 75% in transactions to 178.
The consumer goods sector’s trade volume plummeted 83% to 0.14mn stocks, value by 69% to QR4.31mn and deals by 64% to 117.
The insurance sector reported a 79% shrinkage in trade volume to 0.17mn shares, value by 87% to QR3.9mn and transactions by 82% to 74.
The banks and financial services sector’s trade volume tanked 66% to 1.77mn equities, value by 80% to QR36.51mn and deals by 65% to 648.
The real estate sector saw a 51% decline in trade volume to 1.45mn stocks, 59% in value to QR15.28mn and 31% in transactions to 574.
However, the telecom sector’s trade volume soared 59% to 1.35mn shares, while value shrank 46% to QR11.37mn and deals by 63% to 178.
The market witnessed a 21% surge in the industrials sector’s trade volume to 2.79mn equities, but on a 52% slump in value to QR39.84mn and 39% in transactions to 625.
In the debt market, there was no trading of treasury bills and sovereign bonds.
