The increased buying interests of the local retail investors and the foreign funds on Monday lifted the Qatar Stock Exchange about 18 points but overall its key index was still below 10,800 levels.
The insurance, banking and transport counters witnessed higher than average demand as the 20-stock Qatar Index settled 0.16% higher at 10,748.26 points, having recovered from an intraday low of 10,715 points.
The Gulf institutions were seen increasingly net buyers in the market, whose year-to-date gains strengthened to 2.99%.
Four of the seven sectors extended gains in the bourse, whose capitalisation saw QR45mn or 0.07% increase to QR624.42bn, mainly owing to small cap segments.
The Gulf individuals were seen marginally bullish in the market, which saw the industrials and the banking sectors together constituted about 61% of the total trading volume.
The overall trade turnover grew amidst lower volumes in the market, where the foreign retail investors’ net profit booking weakened.
The domestic funds were however seen increasingly into net selling in the bourse, which saw a total of 159,852 exchange traded funds (Masraf Al Rayan and Doha Bank sponsored) valued at QR1.08mn changed hands across 25 deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index gained 0.16% to 21,276.83 points and All Share Index by 0.17% to 3,413.78 points, while Al Rayan Islamic Index (Price) fell 0.18% to 2,509.14 points.
The insurance shot up 1.24%, banks and financial services (0.48%), transport (0.45%) and real estate (0.07%); whereas industrials shrank 0.63%, consumer goods and services (0.5%) and telecom (0.08%).
Major gainers included Qatar Insurance, Commercial Bank, QIIB, Gulf International Services, United Development Company, Doha Bank and Milaha; even as more than 54% of the traded constituents were in the red, which included Qatar Electricity and Water, Mannai Corporation, Qatar Industrial Manufacturing, Qatar National Cement, Qamco and Qatari German Medical Devices.
Foreign funds’ net buying increased substantially to QR27.86mn compared to QR14.12mn on May 30.
Qatari individuals’ net buying rose significantly to QR23.41mn against QR8.17mn the previous day.
The Gulf institutions’ net buying expanded markedly to QR8.13mn compared to QR2.86mn on Sunday.
The Gulf individuals were net buyers to the tune of QR0.06mn against net sellers of QR1.91mn on May 30.
The foreign individuals’ net selling declined perceptibly to QR3.64mn compared to QR4.24mn the previous day.
However, the domestic institutions’ net selling increased considerably to QR61.98mn against QR28.25mn on Sunday.
The Arab individuals’ net buying eased noticeably to QR6.21mn compared to QR9.2mn on May 30.
The Arab funds continued to have no major net exposure for the second straight session.
Total trade volume fell 18% to 186.4mn shares, while value rose 12% to QR428.03mn and transactions by 24% to 9,927.
The real estate sector’s trade volume plummeted 43% to 25.49mn equities, value by 43% to QR38.16mn and deals by 31% to 847.
The telecom sector reported 37% plunge in trade volume to 1.7mn stocks and 20% in value to QR6.01mn but on 20% jump in transactions to 298.
The consumer goods and services sector’s trade volume tanked 29% to 29.66mn shares, value by 11% to QR54.29mn and deals by 10% to 1,165.
The banks and financial services sector saw 11% shrinkage in trade volume to 38.17mn equities but on 58% increase in value to QR192.48mn and 47% in transactions to 4,119.
However, the transport sector’s trade volume soared 26% to 2.45mn stocks, value by 18% to QR8.77mn and deals by 79% to 455.
There was 7% expansion in the insurance sector’s trade volume to 1.98mn shares but on 21% decline in value to QR5.76mn despite 9% higher transactions at 189.
The industrials sector’s trade volume was up 4% to 56.96mn equities, value by 12% to QR122.57mn and deals by 44% to 2,854.
The insurance, banking and transport counters witnessed higher than average demand as the 20-stock Qatar Index settled 0.16% higher at 10,748.26 points, having recovered from an intraday low of 10,715 points.
The Gulf institutions were seen increasingly net buyers in the market, whose year-to-date gains strengthened to 2.99%.
Four of the seven sectors extended gains in the bourse, whose capitalisation saw QR45mn or 0.07% increase to QR624.42bn, mainly owing to small cap segments.
The Gulf individuals were seen marginally bullish in the market, which saw the industrials and the banking sectors together constituted about 61% of the total trading volume.
The overall trade turnover grew amidst lower volumes in the market, where the foreign retail investors’ net profit booking weakened.
The domestic funds were however seen increasingly into net selling in the bourse, which saw a total of 159,852 exchange traded funds (Masraf Al Rayan and Doha Bank sponsored) valued at QR1.08mn changed hands across 25 deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index gained 0.16% to 21,276.83 points and All Share Index by 0.17% to 3,413.78 points, while Al Rayan Islamic Index (Price) fell 0.18% to 2,509.14 points.
The insurance shot up 1.24%, banks and financial services (0.48%), transport (0.45%) and real estate (0.07%); whereas industrials shrank 0.63%, consumer goods and services (0.5%) and telecom (0.08%).
Major gainers included Qatar Insurance, Commercial Bank, QIIB, Gulf International Services, United Development Company, Doha Bank and Milaha; even as more than 54% of the traded constituents were in the red, which included Qatar Electricity and Water, Mannai Corporation, Qatar Industrial Manufacturing, Qatar National Cement, Qamco and Qatari German Medical Devices.
Foreign funds’ net buying increased substantially to QR27.86mn compared to QR14.12mn on May 30.
Qatari individuals’ net buying rose significantly to QR23.41mn against QR8.17mn the previous day.
The Gulf institutions’ net buying expanded markedly to QR8.13mn compared to QR2.86mn on Sunday.
The Gulf individuals were net buyers to the tune of QR0.06mn against net sellers of QR1.91mn on May 30.
The foreign individuals’ net selling declined perceptibly to QR3.64mn compared to QR4.24mn the previous day.
However, the domestic institutions’ net selling increased considerably to QR61.98mn against QR28.25mn on Sunday.
The Arab individuals’ net buying eased noticeably to QR6.21mn compared to QR9.2mn on May 30.
The Arab funds continued to have no major net exposure for the second straight session.
Total trade volume fell 18% to 186.4mn shares, while value rose 12% to QR428.03mn and transactions by 24% to 9,927.
The real estate sector’s trade volume plummeted 43% to 25.49mn equities, value by 43% to QR38.16mn and deals by 31% to 847.
The telecom sector reported 37% plunge in trade volume to 1.7mn stocks and 20% in value to QR6.01mn but on 20% jump in transactions to 298.
The consumer goods and services sector’s trade volume tanked 29% to 29.66mn shares, value by 11% to QR54.29mn and deals by 10% to 1,165.
The banks and financial services sector saw 11% shrinkage in trade volume to 38.17mn equities but on 58% increase in value to QR192.48mn and 47% in transactions to 4,119.
However, the transport sector’s trade volume soared 26% to 2.45mn stocks, value by 18% to QR8.77mn and deals by 79% to 455.
There was 7% expansion in the insurance sector’s trade volume to 1.98mn shares but on 21% decline in value to QR5.76mn despite 9% higher transactions at 189.
The industrials sector’s trade volume was up 4% to 56.96mn equities, value by 12% to QR122.57mn and deals by 44% to 2,854.