The Qatar Stock Exchange Thursday witnessed buying interests from the Gulf individuals and the Arab funds even as it settled in the negative to settle below 11,100 points.
Foreign funds continued to be net buyers but with lesser intensity as the 20-stock Qatar Index settled 25 points or 0.22% lower at 11,071.16 points, although it touched an intraday high of 11,102 points.
The domestic institutions were increasingly net sellers in the market, whose year-to-date gains were at 6.09%.
About 50% of the traded constituents were in the red in the bourse, whose capitalisation saw more than QR2bn or 0.35% decline to QR637.78bn, mainly due to small and microcap segments.
Local retail investors’ net profit booking weakened in the market, which saw the industrials sector alone constitute about 45% of the total trading volume.
The overall trade turnover and volumes were on the increase in the bourse, where the Arab individuals were increasingly net buyers.
The Gulf funds and foreign individuals were seen bullish in the market, which saw a total of 6,622 exchange traded funds (Masraf Al Rayan sponsored QATR) valued at QR16,488 change hands across one deal.
The Total Return Index fell 0.22% to 21,916.04 points, All Share Index by 0.3% to 3,515.15 points and Al Rayan Islamic Index (Price) by 0.03% to 2,515.53 points in the market which saw no trading of sovereign bonds and treasury bills.
The banks and financial services sector index declined .56%, consumer goods and services (0.19%), real estate (0.06%) and industrials (0.04%); while telecom gained 0.54%, insurance (0.34%) and transport (0.14%).
Major losers included Qatari Investors Group, Qatari German Medical Devices, QNB, Qatar First Bank, Mazaya Qatar, Alijarah Holding, Aamal Company, Qamco, Qatar Islamic Insurance and Gulf Warehousing.
Nevertheless, Al Khaleej Takaful, Mannai Corporation, Widam Food, Qatar Industrial Manufacturing, Qatar National Cement, Inma Holding, Gulf International Services, Vodafone Qatar and Ooredoo were among the gainers.
The domestic funds’ net selling increased perceptibly to QR15.97mn compared to QR15.08mn on September 1.
The foreign institutions’ net buying shrank drastically to QR5.52mn against QR30.55mn the previous day.
However, the Arab individuals’ net buying grew considerably to QR4.19mn compared to QR0.61mn on Wednesday.
The Gulf institutions turned net buyers to the tune of QR4.03mn against net sellers of QR2.71mn on September 1.
The foreign individuals were net buyers to the extent of QR2.13mn compared with net sellers of QR0.05mn the previous day.
The Gulf individuals turned net buyers to the tune of QR0.6mn against net sellers of QR0.21mn on Wednesday.
The Arab institutions were net buyers to the extent of QR0.57mn compared with no major net exposure on September 1.
Qatari individuals’ net profit booking eased substantially to QR1.09mn against QR13.12mn the previous day.
Total trade volume rose 11% to 109.4mn shares, value by 10% to Q310.18mn and transactions by 17% to 8,760.
The insurance sector’s trade volume soared 87% to 2.21mn equities and value more than tripled to QR9.28mn on more than doubled deals to 293.
There was 43% surge in the consumer goods and services sector’s trade volume to 21.38n stocks, 41% in value to QR46.55mn and 48% in transactions to 1,276.
The industrials sector’s trade volume shot up 14% to 49.12mn shares and value by 2% to QR84.58mn, while deals were down 13% to 1,987.
The real estate sector reported 10% jump in trade volume to 10.95mn equities, 7% in value to QR15.78mn and 41% in transactions to 743.
However, the transport sector’s trade volume plummeted 18% to 2mn stocks and value by 23% to QR7.55mn but on flat deals at 307.
The banks and financial services sector saw 14% plunge in trade volume to 21.52mn shares but on 6% growth in value to QR137.48mn and transactions by 21% to 3,378.
The telecom sector’s trade volume was down 5% to 2.21mn equities and value by 18% to QR8.61mn, whereas deals expanded 42% to 576.
In the venture market, Al Faleh equities were seen declining 0.12%; whereas those of Mekdam Holding gained 3.2%.
Foreign funds continued to be net buyers but with lesser intensity as the 20-stock Qatar Index settled 25 points or 0.22% lower at 11,071.16 points, although it touched an intraday high of 11,102 points.
The domestic institutions were increasingly net sellers in the market, whose year-to-date gains were at 6.09%.
About 50% of the traded constituents were in the red in the bourse, whose capitalisation saw more than QR2bn or 0.35% decline to QR637.78bn, mainly due to small and microcap segments.
Local retail investors’ net profit booking weakened in the market, which saw the industrials sector alone constitute about 45% of the total trading volume.
The overall trade turnover and volumes were on the increase in the bourse, where the Arab individuals were increasingly net buyers.
The Gulf funds and foreign individuals were seen bullish in the market, which saw a total of 6,622 exchange traded funds (Masraf Al Rayan sponsored QATR) valued at QR16,488 change hands across one deal.
The Total Return Index fell 0.22% to 21,916.04 points, All Share Index by 0.3% to 3,515.15 points and Al Rayan Islamic Index (Price) by 0.03% to 2,515.53 points in the market which saw no trading of sovereign bonds and treasury bills.
The banks and financial services sector index declined .56%, consumer goods and services (0.19%), real estate (0.06%) and industrials (0.04%); while telecom gained 0.54%, insurance (0.34%) and transport (0.14%).
Major losers included Qatari Investors Group, Qatari German Medical Devices, QNB, Qatar First Bank, Mazaya Qatar, Alijarah Holding, Aamal Company, Qamco, Qatar Islamic Insurance and Gulf Warehousing.
Nevertheless, Al Khaleej Takaful, Mannai Corporation, Widam Food, Qatar Industrial Manufacturing, Qatar National Cement, Inma Holding, Gulf International Services, Vodafone Qatar and Ooredoo were among the gainers.
The domestic funds’ net selling increased perceptibly to QR15.97mn compared to QR15.08mn on September 1.
The foreign institutions’ net buying shrank drastically to QR5.52mn against QR30.55mn the previous day.
However, the Arab individuals’ net buying grew considerably to QR4.19mn compared to QR0.61mn on Wednesday.
The Gulf institutions turned net buyers to the tune of QR4.03mn against net sellers of QR2.71mn on September 1.
The foreign individuals were net buyers to the extent of QR2.13mn compared with net sellers of QR0.05mn the previous day.
The Gulf individuals turned net buyers to the tune of QR0.6mn against net sellers of QR0.21mn on Wednesday.
The Arab institutions were net buyers to the extent of QR0.57mn compared with no major net exposure on September 1.
Qatari individuals’ net profit booking eased substantially to QR1.09mn against QR13.12mn the previous day.
Total trade volume rose 11% to 109.4mn shares, value by 10% to Q310.18mn and transactions by 17% to 8,760.
The insurance sector’s trade volume soared 87% to 2.21mn equities and value more than tripled to QR9.28mn on more than doubled deals to 293.
There was 43% surge in the consumer goods and services sector’s trade volume to 21.38n stocks, 41% in value to QR46.55mn and 48% in transactions to 1,276.
The industrials sector’s trade volume shot up 14% to 49.12mn shares and value by 2% to QR84.58mn, while deals were down 13% to 1,987.
The real estate sector reported 10% jump in trade volume to 10.95mn equities, 7% in value to QR15.78mn and 41% in transactions to 743.
However, the transport sector’s trade volume plummeted 18% to 2mn stocks and value by 23% to QR7.55mn but on flat deals at 307.
The banks and financial services sector saw 14% plunge in trade volume to 21.52mn shares but on 6% growth in value to QR137.48mn and transactions by 21% to 3,378.
The telecom sector’s trade volume was down 5% to 2.21mn equities and value by 18% to QR8.61mn, whereas deals expanded 42% to 576.
In the venture market, Al Faleh equities were seen declining 0.12%; whereas those of Mekdam Holding gained 3.2%.