Domestic institutions and Gulf individuals yesterday turned net buyers on the Qatar Stock Exchange, which otherwise settled in the negative.
Foreign institutions continued to be net buyers, but with lesser intensity, as the 20-stock Qatar Index settled 28 points or 0.26% lower at 10,799.85 points, having touched an intraday high of 10,829 points.
The insurance, industrials, real estate and banking counters witnessed higher than average selling pressure on the market, whose year-to-date gains weakened to 3.49%.
More than 74% of the traded constituents were in the red on the bourse, whose capitalisation saw more than QR2bn or 0.49% decrease to QR625.06mn, mainly owing to small and microcap segments.
Foreign individuals’ net selling was seen weakening on the market, which saw the industrials and consumer goods and services sectors together constitute about 67% of the total trading volume.
The overall trade turnover and volumes were on the decline on the bourse, where Islamic equities were seen declining faster than the other indices.
Local retail investors were increasingly net profit takers on the market, which saw a total of 14,151 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR35,226 changed hands across six deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index declined 0.26% to 21,378.95 points, All Share Index by 0.35% to 3,421.56points and Al Rayan Islamic Index (Price) by 0.3% to 2,476.37 points.
The insurance index declined 0.5%, industrials (0.49%), realty (0.46%), banks and financial services (0.36%), consumer goods and services (0.14%) and telecom (0.13%); while transport was up 0.04%.
Major losers included QNB, Qatar National Cement, Ezdan, Qatari Investors Group, Baladna, Qatar Cinema and Film, Qatar General Insurance and Reinsurance, Doha Insurance, Mannai Corporation, Dlala, Doha Bank and Qatar Oman Investment; even as Investment Holding Group, QLM, Qatari German Medical Devices, Qatar Islamic Insurance and Salam International Investment were among the gainers.
Qatari individuals’ net profit booking increased significantly to QR9.18mn compared to QR0.81mn on July 4.
The Gulf institutions turned net sellers to the tune of QR1.17mn against net buyers of QR5.1mn the previous day.
The Arab individuals were net sellers to the extent of QR0.66mn compared with net buyers of QR0.04mn on Sunday.
Foreign institutions’ net buying decreased markedly to QR10.13mn against QR29.73mn on July 4.
However, domestic funds were net buyers to the tune of QR4.94mn compared with net sellers of QR27.24mn the previous day.
The Gulf individuals turned net buyers to the extent of QR0.65mn against net sellers of QR0.19mn on Sunday.
Foreign individuals’ net profit booking eased perceptibly to QR4.7mn compared to QR6.63mn on July 4.
The Arab institutions continued to have no major net exposure for the fourth straight session.
Total trade volume fell 27% to 118.15mn shares, value by 17% to QR269.21mn and transactions by 10% to 5,993.
The real estate sector’s trade volume plummeted 63% to 17.64mn equities, value by 59% to QR24.62mn and deals by 55% to 677.
The transport sector reported 55% plunge in trade volume to 2.07mn stocks, 57% in value to QR7mn and 11% decline in transactions to 236.
The insurance sector’s trade volume tanked 31% to 1.51mn shares, value by 24% to QR6.37mn and deals by 15% to 205.
There was 26% shrinkage in the industrials sector’s trade volume to 45.49mn equities, 39% in value to QR73.97mn and 2% in transactions to 1,767.
The telecom sector’s trade volume shrank 21% to 2.16mn stocks, value by 16% to QR8.21mn and deals by 20% to 394.
The banks and financial services sector saw 8% contraction in trade volume to 15.87mn shares but on 65% increase in value to QR92.49mn and 28% in transactions to 1,341.
However, the consumer goods and services sector’s trade volume shot up 8% to 33.41mn equities, value by 9% to QR56.55mn and deals by 4% to 1,373.
Foreign institutions continued to be net buyers, but with lesser intensity, as the 20-stock Qatar Index settled 28 points or 0.26% lower at 10,799.85 points, having touched an intraday high of 10,829 points.
The insurance, industrials, real estate and banking counters witnessed higher than average selling pressure on the market, whose year-to-date gains weakened to 3.49%.
More than 74% of the traded constituents were in the red on the bourse, whose capitalisation saw more than QR2bn or 0.49% decrease to QR625.06mn, mainly owing to small and microcap segments.
Foreign individuals’ net selling was seen weakening on the market, which saw the industrials and consumer goods and services sectors together constitute about 67% of the total trading volume.
The overall trade turnover and volumes were on the decline on the bourse, where Islamic equities were seen declining faster than the other indices.
Local retail investors were increasingly net profit takers on the market, which saw a total of 14,151 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR35,226 changed hands across six deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index declined 0.26% to 21,378.95 points, All Share Index by 0.35% to 3,421.56points and Al Rayan Islamic Index (Price) by 0.3% to 2,476.37 points.
The insurance index declined 0.5%, industrials (0.49%), realty (0.46%), banks and financial services (0.36%), consumer goods and services (0.14%) and telecom (0.13%); while transport was up 0.04%.
Major losers included QNB, Qatar National Cement, Ezdan, Qatari Investors Group, Baladna, Qatar Cinema and Film, Qatar General Insurance and Reinsurance, Doha Insurance, Mannai Corporation, Dlala, Doha Bank and Qatar Oman Investment; even as Investment Holding Group, QLM, Qatari German Medical Devices, Qatar Islamic Insurance and Salam International Investment were among the gainers.
Qatari individuals’ net profit booking increased significantly to QR9.18mn compared to QR0.81mn on July 4.
The Gulf institutions turned net sellers to the tune of QR1.17mn against net buyers of QR5.1mn the previous day.
The Arab individuals were net sellers to the extent of QR0.66mn compared with net buyers of QR0.04mn on Sunday.
Foreign institutions’ net buying decreased markedly to QR10.13mn against QR29.73mn on July 4.
However, domestic funds were net buyers to the tune of QR4.94mn compared with net sellers of QR27.24mn the previous day.
The Gulf individuals turned net buyers to the extent of QR0.65mn against net sellers of QR0.19mn on Sunday.
Foreign individuals’ net profit booking eased perceptibly to QR4.7mn compared to QR6.63mn on July 4.
The Arab institutions continued to have no major net exposure for the fourth straight session.
Total trade volume fell 27% to 118.15mn shares, value by 17% to QR269.21mn and transactions by 10% to 5,993.
The real estate sector’s trade volume plummeted 63% to 17.64mn equities, value by 59% to QR24.62mn and deals by 55% to 677.
The transport sector reported 55% plunge in trade volume to 2.07mn stocks, 57% in value to QR7mn and 11% decline in transactions to 236.
The insurance sector’s trade volume tanked 31% to 1.51mn shares, value by 24% to QR6.37mn and deals by 15% to 205.
There was 26% shrinkage in the industrials sector’s trade volume to 45.49mn equities, 39% in value to QR73.97mn and 2% in transactions to 1,767.
The telecom sector’s trade volume shrank 21% to 2.16mn stocks, value by 16% to QR8.21mn and deals by 20% to 394.
The banks and financial services sector saw 8% contraction in trade volume to 15.87mn shares but on 65% increase in value to QR92.49mn and 28% in transactions to 1,341.
However, the consumer goods and services sector’s trade volume shot up 8% to 33.41mn equities, value by 9% to QR56.55mn and deals by 4% to 1,373.
