The Qatar Stock Exchange on Sunday witnessed strong buying interests at the consumer goods and transport counters, but it settled marginally weak.
Local retail investors’ increased net selling and the bearish outlook of non-Qatari individuals were seen as the 20-stock Qatar Index settled 0.04% lower at 10,283.72 points.
The buying interests of foreign institutions were also seen marginally weaken in the market, which is however up 20.65% year-to-date.
Market capitalisation declined more than QR1bn, or 0.22%, to QR586.6bn mainly owing to micro and small cap segments.
Islamic equities were however seen gaining vis-a-vis decline in the other indices in the market, where domestic and Gulf funds turned net buyers.
Trade turnover and volumes were on the decline in the bourse, where industrials and real estate sectors together accounted for more than 79% of the total volume.
The Total Return Index was down 0.04% to 18,118.76 points and the All Share Index by 0.12% to 3,065.29 points, while the Al Rayan Islamic Index (Price) was up 0.08% to 2,394.58 points.
The telecom index shrank 0.54%, followed by insurance (0.51%), banks and financial services (0.27%), realty (0.19% and industrials (0.1%); whereas consumer goods and transport gained 1.25% and 0.53% respectively.
Major decliners included Ahlibank, Qatar Islamic Bank, QNB, Salam International Investment, Industries Qatar, Mazaya Qatar, Ezdan and Ooredoo; even as Alijarah Holding, Dlala, Qatar Oman Investment, Widam Food and Nakilat were among the gainers.
Local individuals’ net profit booking grew influentially to QR16.51mn compared to QR3.72mn last Thursday.
Non-Qatari individuals were net sellers to the tune of QR0.65mn against net buyers of QR1.59mn on December 27.
Gulf individuals’ net buying declined perceptibly to QR0.46mn compared to QR0.93mn the previous trading day.
Non-Qatari funds’ net buying decreased marginally to QR12.09mn against QR12.4mn last Thursday.
However, domestic funds turned net buyers to the extent of QR2.74mn compared with net sellers of QR2.51mn on December 27.
Gulf institutions were also net buyers to the tune of QR1.89mn against net sellers of QR8.66mn the previous trading day.
Total trade volume fell 37% to 7.41mn shares, value by 41% to QR130.32mn and transactions by 23% to 5,004.
The insurance sector’s trade volume plummeted 81% to 0.07mn equities, value by 80% to QR2.5mn and deals by 63% to 71.
The telecom sector reported a 75% plunge in trade volume to 0.14mn stocks, 74% in value to QR1.96mn and 69% in transactions to 105.
The banks and financial services sector’s trade volume tanked 54% to 0.89mn shares, value by 56% to QR22.63mn and deals by 50% to 563.
The market witnessed a 48% shrinkage in the real estate sector’s trade volume to 1.43mn equities, 48% in value to QR21.71mn and 37% in transactions to 473.
The consumer goods sector’s trade volume shrank 44% to 0.34mn stocks, value by less than 1% to QR17.06mn and deals by 9% to 334.
There was a 35% decline in the transport sector’s trade volume to 0.11mn shares, 55% in value to QR2.14mn and 58% in transactions to 127.
The industrials sector’s trade volume was down 18% to 4.43mn equities, value by 27% to QR62.33mn and deals by 3% to 3,331.
In the debt market, there was no trading of treasury bills and sovereign bonds.
The buying interests of foreign institutions were also seen marginally weaken in the market, which is however up 20.65% year-to-date.
Market capitalisation declined more than QR1bn, or 0.22%, to QR586.6bn mainly owing to micro and small cap segments.
Islamic equities were however seen gaining vis-a-vis decline in the other indices in the market, where domestic and Gulf funds turned net buyers.
Trade turnover and volumes were on the decline in the bourse, where industrials and real estate sectors together accounted for more than 79% of the total volume.
The Total Return Index was down 0.04% to 18,118.76 points and the All Share Index by 0.12% to 3,065.29 points, while the Al Rayan Islamic Index (Price) was up 0.08% to 2,394.58 points.
The telecom index shrank 0.54%, followed by insurance (0.51%), banks and financial services (0.27%), realty (0.19% and industrials (0.1%); whereas consumer goods and transport gained 1.25% and 0.53% respectively.
Major decliners included Ahlibank, Qatar Islamic Bank, QNB, Salam International Investment, Industries Qatar, Mazaya Qatar, Ezdan and Ooredoo; even as Alijarah Holding, Dlala, Qatar Oman Investment, Widam Food and Nakilat were among the gainers.
Local individuals’ net profit booking grew influentially to QR16.51mn compared to QR3.72mn last Thursday.
Non-Qatari individuals were net sellers to the tune of QR0.65mn against net buyers of QR1.59mn on December 27.
Gulf individuals’ net buying declined perceptibly to QR0.46mn compared to QR0.93mn the previous trading day.
Non-Qatari funds’ net buying decreased marginally to QR12.09mn against QR12.4mn last Thursday.
However, domestic funds turned net buyers to the extent of QR2.74mn compared with net sellers of QR2.51mn on December 27.
Gulf institutions were also net buyers to the tune of QR1.89mn against net sellers of QR8.66mn the previous trading day.
Total trade volume fell 37% to 7.41mn shares, value by 41% to QR130.32mn and transactions by 23% to 5,004.
The insurance sector’s trade volume plummeted 81% to 0.07mn equities, value by 80% to QR2.5mn and deals by 63% to 71.
The telecom sector reported a 75% plunge in trade volume to 0.14mn stocks, 74% in value to QR1.96mn and 69% in transactions to 105.
The banks and financial services sector’s trade volume tanked 54% to 0.89mn shares, value by 56% to QR22.63mn and deals by 50% to 563.
The market witnessed a 48% shrinkage in the real estate sector’s trade volume to 1.43mn equities, 48% in value to QR21.71mn and 37% in transactions to 473.
The consumer goods sector’s trade volume shrank 44% to 0.34mn stocks, value by less than 1% to QR17.06mn and deals by 9% to 334.
There was a 35% decline in the transport sector’s trade volume to 0.11mn shares, 55% in value to QR2.14mn and 58% in transactions to 127.
The industrials sector’s trade volume was down 18% to 4.43mn equities, value by 27% to QR62.33mn and deals by 3% to 3,331.
In the debt market, there was no trading of treasury bills and sovereign bonds.
