Higher demand, especially for insurance, transport and industrials equities Tuesday led the Qatar Stock Exchange inch near 10,200 levels.
Domestic and Gulf institutions as well as Gulf individuals turned bullish as the 20-stock Qatar Index gained 0.46% to 10,201.18 points.
However, foreign funds turned net profit takers in the market, whose sensitive index is down 0.95% year-to-date.
Market capitalisation rose about QR1bn or 0.16% to QR567.18bn mainly owing to mid and microcap segments.
Islamic equities were seen gaining faster than the main index in the market, where local retail investors were increasingly net sellers.
Trade turnover and volumes were on the decline in the bourse, where realty, banking and industrials sectors together accounted for about 83% of the total volume.
The Total Return Index gained 0.46% to 18,771.04 points, Al Rayan Islamic Index (Price) by 0.55% to 2,398.71 points and All Share Index by 0.12% to 3,071.56 points.
The insurance index soared 4.19%, transport (0.8%), industrials (0.46%) and banks and financial services (0.09%); while real estate declined 1.59%, consumer goods (0.17%) and telecom (0.07%).
Major gainers included Qatar Insurance, Gulf Warehousing, Mesaieed Petrochemical Holding, Mannai Corporation, Qatar Islamic Bank and Al Khaliji; even as more than 51% of the traded constituents were in the red including Ezdan, Qatar National Cement, Qatari German Company for Medical Devices, Zad Holding, Commercial Bank, Dlala, Qatar Oman Investment and Al Khaleej Takaful Group.
Domestic institutions turned net buyers to the tune of QR21.97mn compared with net sellers of QR3.92mn on Monday.
The Gulf institutions were also net buyers to the extent of QR1.03mn against net sellers of QR0.41mn on April 1.
The Gulf individuals turned net buyers to the tune of QR0.58mn compared with net sellers of QR0.32mn the previous day.
Non-Qatari individuals were net buyers to the extent of QR0.16mn against net profit takers of QR1.69mn on Monday.
However, local retail investors’ net selling increased influentially to QR22.12mn compared to QR15.02mn on April 1.
Non-Qatari institutions turned net sellers to the tune of QR1.62mn against net buyers of QR21.41mn the previous day.
Total trade volume fell 25% to 10.7mn shares, value by 9% to QR264.97mn and transactions by 15% to 5,694.
The telecom sector’s trade volume plummeted 66% to 0.3mn equities, value by 43% to QR8.71mn and deals by 17% to 390.
The banks and financial services sector saw 46% plunge in trade volume to 2.66mn stocks, 28% in value to QR67.39mn and 19% in transactions to 1,439.
The insurance sector’s trade volume tanked 31% to 0.31mn shares, value by 35% to QR9.21mn and deals by 8% to 238.
The consumer goods sector reported 18% shrinkage in trade volume to 0.42mn equities but on 48% growth in value to QR53.44mn despite 23% lower transactions at 358.
The industrials sector’s trade volume shrank 17% to 2.63mn stocks, value by 21% to QR53.55mn and deals by 13% to 1,702.
There was a 9% decline in the realty sector’s trade volume to 3.58mn shares, 6% in value to QR45.89mn and 21% in transactions to 1,228.
However, the transport sector’s trade volume shot up 78% to 0.8mn equities, value by 80% to QR26.76mn and deals by 39% to 339.
In the debt market, there was no trading of treasury bills and sovereign bonds.
However, foreign funds turned net profit takers in the market, whose sensitive index is down 0.95% year-to-date.
Market capitalisation rose about QR1bn or 0.16% to QR567.18bn mainly owing to mid and microcap segments.
Islamic equities were seen gaining faster than the main index in the market, where local retail investors were increasingly net sellers.
Trade turnover and volumes were on the decline in the bourse, where realty, banking and industrials sectors together accounted for about 83% of the total volume.
The Total Return Index gained 0.46% to 18,771.04 points, Al Rayan Islamic Index (Price) by 0.55% to 2,398.71 points and All Share Index by 0.12% to 3,071.56 points.
The insurance index soared 4.19%, transport (0.8%), industrials (0.46%) and banks and financial services (0.09%); while real estate declined 1.59%, consumer goods (0.17%) and telecom (0.07%).
Major gainers included Qatar Insurance, Gulf Warehousing, Mesaieed Petrochemical Holding, Mannai Corporation, Qatar Islamic Bank and Al Khaliji; even as more than 51% of the traded constituents were in the red including Ezdan, Qatar National Cement, Qatari German Company for Medical Devices, Zad Holding, Commercial Bank, Dlala, Qatar Oman Investment and Al Khaleej Takaful Group.
Domestic institutions turned net buyers to the tune of QR21.97mn compared with net sellers of QR3.92mn on Monday.
The Gulf institutions were also net buyers to the extent of QR1.03mn against net sellers of QR0.41mn on April 1.
The Gulf individuals turned net buyers to the tune of QR0.58mn compared with net sellers of QR0.32mn the previous day.
Non-Qatari individuals were net buyers to the extent of QR0.16mn against net profit takers of QR1.69mn on Monday.
However, local retail investors’ net selling increased influentially to QR22.12mn compared to QR15.02mn on April 1.
Non-Qatari institutions turned net sellers to the tune of QR1.62mn against net buyers of QR21.41mn the previous day.
Total trade volume fell 25% to 10.7mn shares, value by 9% to QR264.97mn and transactions by 15% to 5,694.
The telecom sector’s trade volume plummeted 66% to 0.3mn equities, value by 43% to QR8.71mn and deals by 17% to 390.
The banks and financial services sector saw 46% plunge in trade volume to 2.66mn stocks, 28% in value to QR67.39mn and 19% in transactions to 1,439.
The insurance sector’s trade volume tanked 31% to 0.31mn shares, value by 35% to QR9.21mn and deals by 8% to 238.
The consumer goods sector reported 18% shrinkage in trade volume to 0.42mn equities but on 48% growth in value to QR53.44mn despite 23% lower transactions at 358.
The industrials sector’s trade volume shrank 17% to 2.63mn stocks, value by 21% to QR53.55mn and deals by 13% to 1,702.
There was a 9% decline in the realty sector’s trade volume to 3.58mn shares, 6% in value to QR45.89mn and 21% in transactions to 1,228.
However, the transport sector’s trade volume shot up 78% to 0.8mn equities, value by 80% to QR26.76mn and deals by 39% to 339.
In the debt market, there was no trading of treasury bills and sovereign bonds.
