The Qatar Stock Exchange Sunday witnessed buying interests at the real estate counter but overall the key index retreated below 10,800 levels.
The increased buying interests of foreign institutions notwithstanding, the 20-stock Qatar Index settled 49 points, or 0.45%, lower at 10,794.33 points.
Gulf and foreign individuals were seen net buyers on the market, whose year-to-date gains were truncated to 3.43%.
The industrials and banking counters witnessed higher than average selling pressure on the bourse, whose capitalisation saw more than QR3bn or 0.55% erosion to QR624.36n, mainly owing to small and microcap segments.
More than 64% of the traded constituents were in the red on the market, which saw the industrials and consumer goods and services sectors together constitute more than 58% of the total trading volume.
The overall trade turnover and volumes were on the decline on the bourse, where the domestic funds and local retail investors were increasingly net profit takers.
The Gulf individuals’ net buying considerably weakened on the market, which saw a total of 51,454 exchange traded funds (Masraf Al Rayan sponsored QATR) valued at QR125,739 change hands across seven deals; while on the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index shed 0.45% to 21,368.03 points, All Share Index by 0.44% to 3,418.15 points and Al Rayan Islamic Index (Price) by 0.4% to 2,471.17 points.
The industrials index shed 0.67%, banks and financial services (0.53%), insurance (0.32%), consumer goods and services (0.07%), transport (0.06%) and telecom (0.03%); while real estate gained 0.17%.
Major losers included Industries Qatar, Ezdan, Qatar Islamic Bank, Qatari German Medical Devices, Mazaya Qatar, Qatari Investors Group, Dlala, Qatar Oman Investment and Baladna; even as Gulf International Services, Barwa, Qatar Islamic Insurance, Commercial Bank and United Development Company were among the gainers.
The domestic institutions’ net selling increased significantly to QR10.99mn against QR4.56mn on July 8.
Qatari individuals’ net profit booking grew considerably to QR6.63mn compared to QR2.59mn last Thursday.
The Gulf institutions’ net buying declined markedly to QR0.5mn compared to QR6.99mn the previous trading day.
However, foreign funds’ net buying shot up substantially to QR16.64mn against QR2.84mn on July 8.
The Gulf individuals turned net buyers to the tune of QR0.56mn compared with net sellers of QR0.26mn last Thursday.
Foreign individuals were net buyers to the extent of QR0.4mn against net sellers of QR0.56mn the previous trading day.
The Arab individuals’ net profit booking eased perceptibly to QR0.48mn compared to QR1.54mn on July 8.
The Arab institutions had no major net exposure against net sellers to the extent of QR0.33mn last Thursday.
Total trade volume fell 4% to 96.66mn shares, value by 7% to QR239.73mn and transactions by 31% to 5,200.
The insurance sector reported 53% plunge in trade volume to 0.89mn equities, 60% in value to QR2.54mn and 51% in deals to 83.
The real estate sector’s trade volume plummeted 33% to 18.27mn stocks, value by 39% to QR26.49mn and transactions by 42% to 674.
The transport sector reported 32% shrinkage in trade volume to 4.05mn shares, 23% in value to QR18.93mn and 38% in deals to 411.
The banks and financial services sector’s trade volume tanked 14% to 12.73mn equities, value by 8% to QR81.47mn and transactions by 41% to 1,203.
There was 5% decline in the telecom sector’s trade volume to 3.99mn stocks but on 49% jump in value to QR20.36mn despite 23% lower deals at 634.
However, the industrials sector’s trade volume soared 23% to 31.87mn shares and value by 11% to QR58.2mn; whereas transactions shrank 17% to 1,468.
The market witnessed 22% surge in the consumer goods and services sector’s trade volume to 23.85mn equities and 8% in value to QR32.31mn but on 25% contraction in deals to 727.
The increased buying interests of foreign institutions notwithstanding, the 20-stock Qatar Index settled 49 points, or 0.45%, lower at 10,794.33 points.
Gulf and foreign individuals were seen net buyers on the market, whose year-to-date gains were truncated to 3.43%.
The industrials and banking counters witnessed higher than average selling pressure on the bourse, whose capitalisation saw more than QR3bn or 0.55% erosion to QR624.36n, mainly owing to small and microcap segments.
More than 64% of the traded constituents were in the red on the market, which saw the industrials and consumer goods and services sectors together constitute more than 58% of the total trading volume.
The overall trade turnover and volumes were on the decline on the bourse, where the domestic funds and local retail investors were increasingly net profit takers.
The Gulf individuals’ net buying considerably weakened on the market, which saw a total of 51,454 exchange traded funds (Masraf Al Rayan sponsored QATR) valued at QR125,739 change hands across seven deals; while on the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index shed 0.45% to 21,368.03 points, All Share Index by 0.44% to 3,418.15 points and Al Rayan Islamic Index (Price) by 0.4% to 2,471.17 points.
The industrials index shed 0.67%, banks and financial services (0.53%), insurance (0.32%), consumer goods and services (0.07%), transport (0.06%) and telecom (0.03%); while real estate gained 0.17%.
Major losers included Industries Qatar, Ezdan, Qatar Islamic Bank, Qatari German Medical Devices, Mazaya Qatar, Qatari Investors Group, Dlala, Qatar Oman Investment and Baladna; even as Gulf International Services, Barwa, Qatar Islamic Insurance, Commercial Bank and United Development Company were among the gainers.
The domestic institutions’ net selling increased significantly to QR10.99mn against QR4.56mn on July 8.
Qatari individuals’ net profit booking grew considerably to QR6.63mn compared to QR2.59mn last Thursday.
The Gulf institutions’ net buying declined markedly to QR0.5mn compared to QR6.99mn the previous trading day.
However, foreign funds’ net buying shot up substantially to QR16.64mn against QR2.84mn on July 8.
The Gulf individuals turned net buyers to the tune of QR0.56mn compared with net sellers of QR0.26mn last Thursday.
Foreign individuals were net buyers to the extent of QR0.4mn against net sellers of QR0.56mn the previous trading day.
The Arab individuals’ net profit booking eased perceptibly to QR0.48mn compared to QR1.54mn on July 8.
The Arab institutions had no major net exposure against net sellers to the extent of QR0.33mn last Thursday.
Total trade volume fell 4% to 96.66mn shares, value by 7% to QR239.73mn and transactions by 31% to 5,200.
The insurance sector reported 53% plunge in trade volume to 0.89mn equities, 60% in value to QR2.54mn and 51% in deals to 83.
The real estate sector’s trade volume plummeted 33% to 18.27mn stocks, value by 39% to QR26.49mn and transactions by 42% to 674.
The transport sector reported 32% shrinkage in trade volume to 4.05mn shares, 23% in value to QR18.93mn and 38% in deals to 411.
The banks and financial services sector’s trade volume tanked 14% to 12.73mn equities, value by 8% to QR81.47mn and transactions by 41% to 1,203.
There was 5% decline in the telecom sector’s trade volume to 3.99mn stocks but on 49% jump in value to QR20.36mn despite 23% lower deals at 634.
However, the industrials sector’s trade volume soared 23% to 31.87mn shares and value by 11% to QR58.2mn; whereas transactions shrank 17% to 1,468.
The market witnessed 22% surge in the consumer goods and services sector’s trade volume to 23.85mn equities and 8% in value to QR32.31mn but on 25% contraction in deals to 727.
