Foreign and Arab institutions were increasingly net buyers and the Gulf funds were seen bullish on the Qatar Stock Exchange, which otherwise settled in the negative Monday.
The buying interests in four of the seven sectors notwithstanding, the 20-stock Qatar Index was down five points or 0.05% to 10,559.36 points, although it touched an intraday high of 10,573 points.
Local and Gulf individuals were seen net profit takers on the market, whose year-to-date gains were at 1.28%.
Trade turnover and volumes were on the increase on the bourse, where the industrials, banking and consumer goods sectors together accounted for about 90% of the total trading volume.
Islamic equities were seen declining faster than the main index on the market, whose capitalisation, nevertheless, saw QR78mn or 0.13% jump to QR609.17bn, mainly on microcap segments.
A total of 10,858 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR57,067 changed hands across three deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index was down 0.05% to 20,300.02 points and Al Rayan Islamic Index (Price) by 0.2% to 2,412.11 points; while All Share Index was up 0.06% to 3,234.48 points.
The real estate index declined 0.45%, telecom (0.32%) and consumer goods and services (0.17%); whereas insurance gained 1.59%, transport (0.35%), industrials (0.1%) and banks and financial services (0.02%).
Major losers included United Development Company, QIIB, Qatar Electricity and Water, Barwa, Zad Holding, Mazaya Qatar, Ooredoo and Vodafone Qatar; even as Qatar General Insurance and Reinsurance, Qatar Industrial Manufacturing, Mannai Corporation, Salam International Investment, Widam Food, Commercial Bank, Ezdan and Gulf Warehousing were among the gainers.
The domestic institutions’ net selling increased significantly to QR46.98mn against QR11.78mn on December 27.
Local retail investors turned net sellers to the tune of QR3.42mn compared with net buyers of QR4.56mn on Sunday.
The Gulf individuals were also net sellers to the extent of QR0.55mn against net buyers of QR0.73mn the previous day.
The foreign individuals’ net buying declined noticeably to QR0.15mn compared to QR1.91mn on December 27.
However, the foreign institutions’ net buying increased substantially to QR33.01mn against QR6.19mn on Sunday.
The Gulf funds turned net buyers to the extent of QR8.63mn compared with net sellers of QR3.77mn the previous day.
The Arab institutions’ net buying strengthened markedly to QR4.16mn against QR2.13mn on December 27.
The Arab individuals’ net buying also grew notably to QR4.1mn compared to QR0.02mn on Sunday.
Total trade volumes grew 73% to 179.6mn shares, value by 44% to QR308.26mn and transactions by 20% to 5,319.
The real estate sector’s trade volume more than doubled to 13.21mn equities and value also more than doubled to QR22.76mn on more than doubled deals to 705.
The consumer goods and services sector’s trade volume soared 90% to 59.56mn stocks and value by 43% to QR57.94mn, while transactions were down 6% to 1,103.
There was 72% surge in the industrials sector’s trade volume to 49.61mn shares, 20% in value to QR44.55mn and 30% in deals to 1,214.
The banks and financial services sector’s trade volume shot up 59% to 52.06mn stocks, value by 48% to QR157.52mn and transactions by 4% to 1,534.
The insurance sector reported 32% expansion in trade volume to 1.02mn shares and 28% in value to QR2.13mn on almost tripled deals to 96.
The transport sector saw 29% jump in trade volume to 1.77mn shares, 42% in value to QR8.14mn and 31% in transactions to 175.
However, the telecom sector’s trade volume plummeted 27% to 2.37mn equities, while value was up 12% to QR15.22mn and deals by 44% to 492.

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