The Qatar Stock Exchange Tuesday witnessed local retail investors turn bullish even as it settled marginally down.
The increased net buying from the Arab individuals and the Gulf funds notwithstanding, the 20-stock Qatar Index was down 0.06% to 10,914.12 points, recovering from an intraday low of 10,849 points.
The Islamic index witnessed gains vis-à-vis other losses in the other indices in the bourse, whose year-to-date gains were at 4.58%.
The domestic institutions’ net selling pressure substantially weakened in the market, whose capitalisation nevertheless saw QR95mn or 0.15% jump to QR630.36bn, mainly owing to midcap segments.
The insurance and banking counters witnessed higher than average selling pressure in the bourse, where the foreign institutions continued to be net sellers but with lesser intensity.
The foreign individuals turned net profit takers in the bourse, which saw a total of 728,299 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR7.77mn changed hands across 69 deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index was down 0.06% to 21,596.65 points and All Share Index by 0.01% to 3,444.49 points, while Al Rayan Islamic Index (Price) rose 0.1% to 2,534.15 points.
The insurance sector index declined 0.7%, banks and financial services (0.22%) and telecom (0.03%); while real estate gained 0.7%, industrials (0.34%), consumer goods and services (0.25%) and transport (0.22%).
Major losers included Ooredoo, Qatar Insurance, Al Khaleej Takaful, Mannai Corporation, Doha Insurance, Commercial Bank, Al Meera, Medicare Group, Widam Food, Baladna and Qatari Investors Group.
However, Qatar Oman Investment, Ahlibank Qatar, Salam International Investment, Aamal Company, Qatari German Medical Devices, Dlala, Qatar Industrial Manufacturing, Investment Holding Group, Vodafone Qatar, Gulf Warehousing and Milaha were among the losers.
The Gulf individuals turned net sellers to the tune of QR11.06mn against net buyers of QR1.94mn on April 19.
The foreign individuals were net sellers to the extent of QR7.54mn compared with net buyers of QR1.6mn on Monday.
The foreign institutions’ net buying declined significantly to QR65.68mn against QR190.56mn the previous day.
However, Qataris turned net buyers to the tune of QR30.83mn compared with net sellers of QR37.41mn on April 19.
The Arab individuals’ net buying increased notably to QR13.32mn against QR6.84mn on Monday.
The Gulf institutions’ net buying strengthened markedly to QR7.71mn compared to QR4.22mn on Monday.
Domestic funds’ net profit booking weakened substantially to QR98.94mn against QR167.42mn on April 19.
The Arab funds had no major net exposure compared with net profit takers of QR0.22mn on Monday.
Total trade volume rose 31% to 517.65mn shares, while value shrank 1% to QR837.79mn and transactions by 18% to 13,696.
The industrials sector’s trade volume soared 68% to 140.99mn equities, value by 42% to QR186.64mn and deals by 20% to 3,038.
The transport sector reported 49% surge in trade volume to 8.82mn stocks and 30% in value to QR28.99mn but on 23% decline in transactions to 427.
The real estate sector’s trade volume shot up 45% to 46mn shares and value by 45% to QR91.48mn, while deals shrank 17% to 1,257.
The consumer goods and services sector saw 30% expansion in trade volume to 244.15mn equities, 24% in value to QR260.13mn and 6% in transactions to 3,756.
The insurance sector’s trade volume was up 4% to 11.12mn stocks, whereas value declined 6% to QR33.72mn and deals by 31% to 473.
There was 3% jump in the telecom sector’s trade volume to 6.45mn shares but on 2% shrinkage in value to QR16.76mn and 15% in transactions to 562.
However, the banks and financial services sector’s trade volume shrank 12% to 60.13mn equities, value by 40% to QR220.06mn and deals by 41% to 4,183.
The increased net buying from the Arab individuals and the Gulf funds notwithstanding, the 20-stock Qatar Index was down 0.06% to 10,914.12 points, recovering from an intraday low of 10,849 points.
The Islamic index witnessed gains vis-à-vis other losses in the other indices in the bourse, whose year-to-date gains were at 4.58%.
The domestic institutions’ net selling pressure substantially weakened in the market, whose capitalisation nevertheless saw QR95mn or 0.15% jump to QR630.36bn, mainly owing to midcap segments.
The insurance and banking counters witnessed higher than average selling pressure in the bourse, where the foreign institutions continued to be net sellers but with lesser intensity.
The foreign individuals turned net profit takers in the bourse, which saw a total of 728,299 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR7.77mn changed hands across 69 deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index was down 0.06% to 21,596.65 points and All Share Index by 0.01% to 3,444.49 points, while Al Rayan Islamic Index (Price) rose 0.1% to 2,534.15 points.
The insurance sector index declined 0.7%, banks and financial services (0.22%) and telecom (0.03%); while real estate gained 0.7%, industrials (0.34%), consumer goods and services (0.25%) and transport (0.22%).
Major losers included Ooredoo, Qatar Insurance, Al Khaleej Takaful, Mannai Corporation, Doha Insurance, Commercial Bank, Al Meera, Medicare Group, Widam Food, Baladna and Qatari Investors Group.
However, Qatar Oman Investment, Ahlibank Qatar, Salam International Investment, Aamal Company, Qatari German Medical Devices, Dlala, Qatar Industrial Manufacturing, Investment Holding Group, Vodafone Qatar, Gulf Warehousing and Milaha were among the losers.
The Gulf individuals turned net sellers to the tune of QR11.06mn against net buyers of QR1.94mn on April 19.
The foreign individuals were net sellers to the extent of QR7.54mn compared with net buyers of QR1.6mn on Monday.
The foreign institutions’ net buying declined significantly to QR65.68mn against QR190.56mn the previous day.
However, Qataris turned net buyers to the tune of QR30.83mn compared with net sellers of QR37.41mn on April 19.
The Arab individuals’ net buying increased notably to QR13.32mn against QR6.84mn on Monday.
The Gulf institutions’ net buying strengthened markedly to QR7.71mn compared to QR4.22mn on Monday.
Domestic funds’ net profit booking weakened substantially to QR98.94mn against QR167.42mn on April 19.
The Arab funds had no major net exposure compared with net profit takers of QR0.22mn on Monday.
Total trade volume rose 31% to 517.65mn shares, while value shrank 1% to QR837.79mn and transactions by 18% to 13,696.
The industrials sector’s trade volume soared 68% to 140.99mn equities, value by 42% to QR186.64mn and deals by 20% to 3,038.
The transport sector reported 49% surge in trade volume to 8.82mn stocks and 30% in value to QR28.99mn but on 23% decline in transactions to 427.
The real estate sector’s trade volume shot up 45% to 46mn shares and value by 45% to QR91.48mn, while deals shrank 17% to 1,257.
The consumer goods and services sector saw 30% expansion in trade volume to 244.15mn equities, 24% in value to QR260.13mn and 6% in transactions to 3,756.
The insurance sector’s trade volume was up 4% to 11.12mn stocks, whereas value declined 6% to QR33.72mn and deals by 31% to 473.
There was 3% jump in the telecom sector’s trade volume to 6.45mn shares but on 2% shrinkage in value to QR16.76mn and 15% in transactions to 562.
However, the banks and financial services sector’s trade volume shrank 12% to 60.13mn equities, value by 40% to QR220.06mn and deals by 41% to 4,183.
