The Qatar Stock Exchange on Sunday opened the week on a stronger note mainly on the back of bullish outlook of local retail investors.

Buying interests, especially in realty, transport, insurance and industrials led the 20-stock Qatar Index gain 0.23% lower at 9,630.39 points.
Masraf Al Rayan sponsored exchange traded fund QATR reported 0.86% gains; while Doha Bank sponsored QETF was down 0.01%.
The Islamic equities were seen gaining slower than the other indices in the market, which reported 12.99% gains year-to-date.
However, Gulf institutions turned bearish and there was weakened net buying by foreign funds on the bourse, whose capitalisation gained 0.41% to QR525.93bn.
Trade turnover and volumes were on the increase on the market, where banking, transport and real estate sectors together accounted for more than 74% of the total volume.
The Total Return Index rose 0.23% to 16,967.68 points, All Share Index by 0.5% to 2,781.84 points and Al Rayan Islamic Index (Price) by 0.11% to 2,362.19 points.
The realty index soared 2.81%, transport (0.97%), insurance (0.75%), industrials (0.45%) and banks and financial services (0.1%); whereas consumer goods and telecom declined 0.62% and 0.55% respectively.
Major gainers included Ezdan, Industries Qatar, Masraf Al Rayan, Mesaieed Petrochemical Holding, Qatar Insurance, Nakilat, Aamal Company and Gulf International Services; while Dlala, Qatar National Cement, Vodafone Qatar, Mazaya Qatar an United Development Company were among the losers.
Local individual investors turned net buyers to the tune of QR40.69mn against net sellers of QR24.81mn on July 26.
Non-Qatari individuals were also net buyers to the extent of QR0.48mn compared with net sellers of QR6.16mn last Thursday.
The Gulf individual investors’ net buying grew marginally to QR0.3mn against QR0.05mn the previous trading day.
However, the Gulf institutions turned net sellers to the tune of QR51.69mn compared with net buyers of QR0.77mn on July 26.
Non-Qatari institutions’ net buying weakened influentially to QR5.49mn against QR17.09mn last Thursday.
Domestic institutions’ net buying declined considerably to QR4.71mn compared to QR13.08mn the previous trading day.
Total trade volume rose 33% to 8.55mn shares and value by 8% to QR190.59mn, while transactions fell 25% to 2,683.
The transport sector’s trade volume almost tripled to 2.04mn equities and value more than doubled to QR35.96mn but on 12% fall in deals to 289.
The insurance sector’s trade volume soared 88% to 0.15mn stocks and value more than doubled to QR5.25mn; whereas transactions were down 11% to 71.
The market witnessed 44% surge in the real estate sector’s trade volume to 1.8mn shares and 34% in value to QR21.73mn but on 7% fall in deals to 553.
The industrials sector’s trade volume shot up 23% to 0.98mn equities; while value declined 6% to QR24.68mn and transactions by 16% to 660.
The banks and financial services sector saw 15% increase in trade volume to 2.51mn stocks and 3% in value to QR81.87mn but on 44% shrinkage in deals to 673.
However, the consumer goods sector’s trade volume plummeted 64% to 0.1mn shares, value by 53% to QR10.29mn and transactions by 44% to 167.
There was 13% plunge in the telecom sector’s trade volume to 0.98mn equities, 26% in value to QR10.81mn and 9% in deals to 270.
In the debt market, there was no trading of treasury bills and sovereign bonds.

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