The Gulf institutions’ increased net buying interests helped the Qatar Stock Exchange stay afloat in the positive trajectory this week, which nevertheless saw major global oil producers fail to arrive at a consensus on supply cut.
The transport, real estate and industrials counters witnessed higher than average demand as the 20-stock Qatar Index settled 0.33% higher this week which saw Qatar Islamic Bank tie up with the Group Securities for offering digital brokerage services.
The Arab individuals were seen bullish this week which saw QNB and The Group securities together constitute about 69% of the total trade turnover on the bourse.
The domestic funds’ weakened net selling also had its influence this week which saw a total of 87,814 Masraf Al Rayan sponsored exchange traded fund QATR valued at QR216,556 change hands across 35 deals.
Foreign institutions continued to be net buyers but with lesser intensity this week which saw a total of 3,045 Doha bank-sponsored QETF valued at QR32,401 trade across eight transactions.
Market capitalisation saw more than QR1bn or 0.22% increase to QR627.8bn, mainly on small and microcap segments this week which saw the industrials and consumer goods and services sectors together constitute about 55% of the total trade volume.
The transport sector gained 2.82%, realty (1.22%), industrials (0.67%), consumer goods and services (0.12%) and insurance (0.11%); while telecom declined 2.4% and banks and financial services 0.23% this week which saw equal number of gainers and shakers.
Major gainers included Industries Qatar, Nakilat, Qatar Islamic Insurance, Qatari German Medical Devices, Mazaya Qatar, Commercial Bank, Medicare Group, Mannai Corporation, Qatar Industrial Manufacturing, QLM and Ezdan this week which saw no trading of sovereign bonds.
Major losers included Ooredoo, Qatari Investors Group, Salam International Investment, Inma Holding, Qatar Cinema and Film, QNB, Doha Bank, QIIB, Qatar First Bank, Qatar Oman Investment, Baladna, Qamco and Qatar General Insurance and Reinsurance this week which saw no trading of treasury bills.
The overall trade turnover and volumes were on the decline this week which saw the industrials account for 33% of the total trade volume, consumer goods and services 22%, real estate (20%), banks and financial services (14%), transport (6%), telecom (3%) and insurance (2%) this week.
In terms of value, the banks and financial services sector’s share was 29% of the total, industrials (27%), consumer goods and services (17%), realty (12%), transport (9%), telecom (5%) and insurance (3%) this week.
The Gulf institutions’ net buying increased substantially to QR38.85mn against QR9.03mn the week ended July 1.
The Arab individuals turned net buyers to the tune of QR5.41mn compared with net sellers of QR6.93mn a week ago.
The domestic institutions’ net selling fell noticeably to QR65.76mn against QR92.18mn the previous week.
However, Qatari individuals’ net selling rose notably to QR29.36mn compared to QR27.83mn the week ended July 1.
Foreign individuals turned net sellers to the extent of QR17.83mn against net buyers of QR4.39mn a week ago.
The Arab institutions’ net profit booking grew marginally to QR0.33mn compared to QR0.21mn the previous week.
The foreign funds’ net buying shrank considerably to QR68.27mn against QR112.86mn the week ended July 1.
The Gulf individuals’ net buying eased marginally to QR0.76mn compared to QR0.86mn a week ago.
Total trade volume fell 33% to 584.27mn shares, value by 24% to QR1.43bn and transactions by 24% to 33,349.
The consumer goods and services sector’s trade volume plummeted 56% to 130.06mn equities, value by 44% to QR239.38mn and deals by 33% to 6,087.
The banks and financial services sector saw 44% plunge in trade volume to 82.94mn stocks, 33% in value to QR409.3mn and 38% in transactions to 7,669.
The telecom sector’s trade volume tanked 40% to 16.81mn shares, value by 34% to QR70.38mn and deals by 35% to 3,152.
The market witnessed 30% shrinkage in the industrials sector’s trade volume to 191.17mn equities, 21% in value to QR378.83mn and 19% in transactions to 8,357.
However, the transport sector’s trade volume soared 88% to 34.36mn stocks, value by 74% to QR126.61mn and deals by 56% to 2,577.
There was 20% surge in the insurance’s sector’s trade volume to 9.89mn shares, 41% in value to QR38.66mn and 13% in transactions to 965.
The real estate sector’s trade volume shot up 15% to 119.04mn equities, value by 9% to QR164.6mn and deals by 4% to 4,542.
The transport, real estate and industrials counters witnessed higher than average demand as the 20-stock Qatar Index settled 0.33% higher this week which saw Qatar Islamic Bank tie up with the Group Securities for offering digital brokerage services.
The Arab individuals were seen bullish this week which saw QNB and The Group securities together constitute about 69% of the total trade turnover on the bourse.
The domestic funds’ weakened net selling also had its influence this week which saw a total of 87,814 Masraf Al Rayan sponsored exchange traded fund QATR valued at QR216,556 change hands across 35 deals.
Foreign institutions continued to be net buyers but with lesser intensity this week which saw a total of 3,045 Doha bank-sponsored QETF valued at QR32,401 trade across eight transactions.
Market capitalisation saw more than QR1bn or 0.22% increase to QR627.8bn, mainly on small and microcap segments this week which saw the industrials and consumer goods and services sectors together constitute about 55% of the total trade volume.
The transport sector gained 2.82%, realty (1.22%), industrials (0.67%), consumer goods and services (0.12%) and insurance (0.11%); while telecom declined 2.4% and banks and financial services 0.23% this week which saw equal number of gainers and shakers.
Major gainers included Industries Qatar, Nakilat, Qatar Islamic Insurance, Qatari German Medical Devices, Mazaya Qatar, Commercial Bank, Medicare Group, Mannai Corporation, Qatar Industrial Manufacturing, QLM and Ezdan this week which saw no trading of sovereign bonds.
Major losers included Ooredoo, Qatari Investors Group, Salam International Investment, Inma Holding, Qatar Cinema and Film, QNB, Doha Bank, QIIB, Qatar First Bank, Qatar Oman Investment, Baladna, Qamco and Qatar General Insurance and Reinsurance this week which saw no trading of treasury bills.
The overall trade turnover and volumes were on the decline this week which saw the industrials account for 33% of the total trade volume, consumer goods and services 22%, real estate (20%), banks and financial services (14%), transport (6%), telecom (3%) and insurance (2%) this week.
In terms of value, the banks and financial services sector’s share was 29% of the total, industrials (27%), consumer goods and services (17%), realty (12%), transport (9%), telecom (5%) and insurance (3%) this week.
The Gulf institutions’ net buying increased substantially to QR38.85mn against QR9.03mn the week ended July 1.
The Arab individuals turned net buyers to the tune of QR5.41mn compared with net sellers of QR6.93mn a week ago.
The domestic institutions’ net selling fell noticeably to QR65.76mn against QR92.18mn the previous week.
However, Qatari individuals’ net selling rose notably to QR29.36mn compared to QR27.83mn the week ended July 1.
Foreign individuals turned net sellers to the extent of QR17.83mn against net buyers of QR4.39mn a week ago.
The Arab institutions’ net profit booking grew marginally to QR0.33mn compared to QR0.21mn the previous week.
The foreign funds’ net buying shrank considerably to QR68.27mn against QR112.86mn the week ended July 1.
The Gulf individuals’ net buying eased marginally to QR0.76mn compared to QR0.86mn a week ago.
Total trade volume fell 33% to 584.27mn shares, value by 24% to QR1.43bn and transactions by 24% to 33,349.
The consumer goods and services sector’s trade volume plummeted 56% to 130.06mn equities, value by 44% to QR239.38mn and deals by 33% to 6,087.
The banks and financial services sector saw 44% plunge in trade volume to 82.94mn stocks, 33% in value to QR409.3mn and 38% in transactions to 7,669.
The telecom sector’s trade volume tanked 40% to 16.81mn shares, value by 34% to QR70.38mn and deals by 35% to 3,152.
The market witnessed 30% shrinkage in the industrials sector’s trade volume to 191.17mn equities, 21% in value to QR378.83mn and 19% in transactions to 8,357.
However, the transport sector’s trade volume soared 88% to 34.36mn stocks, value by 74% to QR126.61mn and deals by 56% to 2,577.
There was 20% surge in the insurance’s sector’s trade volume to 9.89mn shares, 41% in value to QR38.66mn and 13% in transactions to 965.
The real estate sector’s trade volume shot up 15% to 119.04mn equities, value by 9% to QR164.6mn and deals by 4% to 4,542.
