The Qatar Stock Exchange Tuesday saw buying interests in the telecom, consumer goods and banking counters, even as it treaded a flat course.
Foreign funds were increasingly net buyers even as the 20-stock Qatar Index settled mere 0.02% lower at 11,062.92 points, although it touched an intraday high of 11,070 points.
The Islamic index was seen declining faster than the other indices in the market, whose year-to-date gains were at 6.01%.
Local retail investors were increasingly net sellers in the bourse, whose capitalisation saw QR35mn or 0.05% decrease to QR637.15bn, mainly due to microcap segments.
Domestic institutions were seen net profit takers in the market, which saw the industrials, consumer goods and banking sectors together constitute about 85% of the total trading volume.
The overall trade turnover and volumes were on the increase in the bourse, where the foreign individuals were also seen net sellers.
Four of the seven sectors were nevertheless under bullish trend in the market, which saw a total of 3,636 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR22,177 change hands across four deals.
The Total Return Index was down 0.02% to 21,899.72 points, Al Rayan Islamic Index (Price) by 0.09% to 2,511.71 points and All Share Index by 0.02% to 3,513.73 points in the market, which saw no trading of sovereign bonds and treasury bills.
The industrials sector index shrank 0.5%, transport (0.28%) and realty (0.19%); while telecom gained 0.33%, consumer goods and services (0.19%), banks and financial services (0.14%) and insurance (0.06%).
Major losers included Zad Holding, Mesaieed Petrochemical Holding, Al Meera Consumer Goods, Industries Qatar, Nakilat, Widam Food, Baladna and Barwa; even as Qatar First Bank, Commercial Bank, Woqod, Investment Holding Group, Gulf International Services, Inma Holding, Doha Insurance, Ezdan, Qamco, Ooredoo and Vodafone Qatar were among the gainers.
Qatari individuals’ net selling increased considerably to QR20.01mn compared to QR9.89mn on September 6.
The domestic funds turned net sellers to the tune of QR15.51mn against net buyers of QR3.43mn the previous day.
Foreign individuals were net sellers to the extent of QR2.26mn compared with net buyers of QR1.64mn on Monday.
The Arab individuals turned net profit takers to the tune of QR1.74mn against net buyers of QR0.86mn on September 6.
The Arab funds were net sellers to the extent of QR0.21mn compared with no major net exposure for the last three sessions.
The Gulf individuals’ net buying declined marginally to QR0.39mn against QR0.63mn the previous day.
However, the foreign funds’ net buying grew substantially to QR41.08mn compared to QR6.33mn on September 6.
The Gulf funds’ net profit booking eased notably to QR1.73mn against QR3.09mn the previous day.
Total trade volume rose 9% to 129.14mn shares, value by 14% to Q315.36mn and transactions by 22% to 8,531.
The insurance sector’s trade volume more than quadrupled to 3.52mn equities and value also more than quadrupled to QR10.38mn on 18% jump in deals to 137.
There was 82% surge in the transport sector’s trade volume to 3.16mn stocks, 89% in value to QR11.04mn and 51% in transactions 461.
The telecom sector’s trade volume soared 41% to 3.41mn shares, value by 49% to QR17.19mn and deals by 39% to 1,085.
The real estate sector reported 36% expansion in trade volume to 9.31mn equities and 29% in value to QR13.29mn but on 21% decline in transactions to 455.
The industrials sector’s trade volume shot up 29% to 54.15mn stocks, value by 25% to QR91.98mn and deals by 27% to 2,182.
The market witnessed 22% jump in the consumer goods and services sector’s trade volume to 32.59mn shares but on 2% dip in value to QR48.95mn and 1% in transactions to 1,197.
However, the banks and financial services sector’s trade volume tanked 37% to 22.99mn equities, while value was up 1% to QR122.53mn and deals by 30% to 3,014.
In the venture market, Al Faleh equities were seen gaining 1.82%; whereas those of Mekdam Holding were down 0.19%.
Foreign funds were increasingly net buyers even as the 20-stock Qatar Index settled mere 0.02% lower at 11,062.92 points, although it touched an intraday high of 11,070 points.
The Islamic index was seen declining faster than the other indices in the market, whose year-to-date gains were at 6.01%.
Local retail investors were increasingly net sellers in the bourse, whose capitalisation saw QR35mn or 0.05% decrease to QR637.15bn, mainly due to microcap segments.
Domestic institutions were seen net profit takers in the market, which saw the industrials, consumer goods and banking sectors together constitute about 85% of the total trading volume.
The overall trade turnover and volumes were on the increase in the bourse, where the foreign individuals were also seen net sellers.
Four of the seven sectors were nevertheless under bullish trend in the market, which saw a total of 3,636 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR22,177 change hands across four deals.
The Total Return Index was down 0.02% to 21,899.72 points, Al Rayan Islamic Index (Price) by 0.09% to 2,511.71 points and All Share Index by 0.02% to 3,513.73 points in the market, which saw no trading of sovereign bonds and treasury bills.
The industrials sector index shrank 0.5%, transport (0.28%) and realty (0.19%); while telecom gained 0.33%, consumer goods and services (0.19%), banks and financial services (0.14%) and insurance (0.06%).
Major losers included Zad Holding, Mesaieed Petrochemical Holding, Al Meera Consumer Goods, Industries Qatar, Nakilat, Widam Food, Baladna and Barwa; even as Qatar First Bank, Commercial Bank, Woqod, Investment Holding Group, Gulf International Services, Inma Holding, Doha Insurance, Ezdan, Qamco, Ooredoo and Vodafone Qatar were among the gainers.
Qatari individuals’ net selling increased considerably to QR20.01mn compared to QR9.89mn on September 6.
The domestic funds turned net sellers to the tune of QR15.51mn against net buyers of QR3.43mn the previous day.
Foreign individuals were net sellers to the extent of QR2.26mn compared with net buyers of QR1.64mn on Monday.
The Arab individuals turned net profit takers to the tune of QR1.74mn against net buyers of QR0.86mn on September 6.
The Arab funds were net sellers to the extent of QR0.21mn compared with no major net exposure for the last three sessions.
The Gulf individuals’ net buying declined marginally to QR0.39mn against QR0.63mn the previous day.
However, the foreign funds’ net buying grew substantially to QR41.08mn compared to QR6.33mn on September 6.
The Gulf funds’ net profit booking eased notably to QR1.73mn against QR3.09mn the previous day.
Total trade volume rose 9% to 129.14mn shares, value by 14% to Q315.36mn and transactions by 22% to 8,531.
The insurance sector’s trade volume more than quadrupled to 3.52mn equities and value also more than quadrupled to QR10.38mn on 18% jump in deals to 137.
There was 82% surge in the transport sector’s trade volume to 3.16mn stocks, 89% in value to QR11.04mn and 51% in transactions 461.
The telecom sector’s trade volume soared 41% to 3.41mn shares, value by 49% to QR17.19mn and deals by 39% to 1,085.
The real estate sector reported 36% expansion in trade volume to 9.31mn equities and 29% in value to QR13.29mn but on 21% decline in transactions to 455.
The industrials sector’s trade volume shot up 29% to 54.15mn stocks, value by 25% to QR91.98mn and deals by 27% to 2,182.
The market witnessed 22% jump in the consumer goods and services sector’s trade volume to 32.59mn shares but on 2% dip in value to QR48.95mn and 1% in transactions to 1,197.
However, the banks and financial services sector’s trade volume tanked 37% to 22.99mn equities, while value was up 1% to QR122.53mn and deals by 30% to 3,014.
In the venture market, Al Faleh equities were seen gaining 1.82%; whereas those of Mekdam Holding were down 0.19%.
