Uncertainty over the simmering Ukraine-Russia issue loomed large over the Gulf shores, including the Qatar Stock Exchange, which declined 144 points in the key index and QR6bn in capitalisation.
Notwithstanding the buying interests of foreign and Arab individuals, the 20-stock Qatar Index declined 1.06% to 13,489.03 points, although it touched an intraday high of 13,654 points.
The banking and real estate counters witnessed higher than average selling pressure in the market, whose year-to-date gains were at 16.03%.
The Islamic index was seen declining slower than the other indices in the market, whose capitalisation saw a 0.82% decrease to QR762.36bn, mainly on the back of mid and small cap segments.
More than 53% of the traded constituents were in the red in the market, where the industrials and consumer goods sectors together accounted for more than 57% of the trading volume.
The foreign institutions were seen net profit takers in the bourse, which saw a total of 50,156 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR680,205 changed hands across 13 deals.
The Arab institutions were also seen bearish, albeit at lower levels, in the market, which saw no trading of sovereign bonds.
Total trade turnover and volumes were on the decline in the bourse, which saw no trading of treasury bills.
The Total Return Index shed 1.06% to 27,352.15 points, the All Share Index by 0.92% to 4,284.95 points and the Al Rayan Islamic Index (Price) by 0.65% to 2,954.94 points.
The banks and financial services sector index shrank 1.17%, real estate (1.13%), industrials (0.93%), telecom (0.83%) and insurance (0.77%); while transport gained 0.38% and consumer goods and services 0.17%.
Major losers in the main market included Qatar General and Reinsurance, United Development Company, Qamco, QIIB, QNB, Commercial Bank, Industries Qatar, Gulf International Services, Qatar Insurance, Barwa, Vodafone Qatar and Nakilat.
In the venture market, Mekdam Holding saw its shares depreciate in value.
Nevertheless, Investment Holding Group, Dlala, Aamal Company, Al Khaleej Takaful, Inma Holding, Doha Bank, Alijarah Holding, Inma Holding, Doha Bank, Qatar Oman Investment, Salam, International Investment, Medicare Group, Mazaya Qatar, Ezdan, Qatar National Cement and Milaha were among the gainers in the main market. In the juniour bourse, Al Faleh Educational Holding saw its shares appreciate in value.
The foreign institutions turned net sellers to the tune of QR5.11mn compared with net buyers of QR144.34mn on March 10.
The Arab institutions were net sellers to the extent of QR0.57mn against no major net exposure for the previous two sessions.
The Gulf institutions’ net buying declined considerably to QR62.98mn compared to QR109.93mn last Thursday.
However, the foreign individuals were net buyers to the tune of QR10.37mn against net sellers of QR0.3mn on March 10.
The Arab individuals turned net buyers to the extent of QR5.21mn compared with net sellers of QR6.68mn the previous day.
The Gulf individuals were net buyers to the tune of QR0.81mn against net sellers of QR3.57mn last Thursday.
The domestic funds’ net selling declined significantly to QR66.22mn compared to QR146.72mn on March 10.
Qatari individuals’ net profit booking shrank drastically to QR7.47mn against QR96.99mn the previous day.
Total trade volume in the main market fell 7% to 410.67mn shares, value by 21% to QR921.29mn and transactions by 17% to 14,935.
The telecom sector’s trade volume plummeted 62% to 6.3mn equities, value by 63% to QR12.62mn and deals by 57% to 396.
The consumer goods and services sector reported a 52% plunge in trade volume to 101.5mn stocks, 39% in value to QR160.43mn and 38% in transactions to 2,302.
The transport sector’s trade volume tanked 13% to 1.91mn shares, while value rose 7% to QR9.83mn and deals by 11% to 273.
There was a 9% shrinkage in the insurance sector’s trade volume to 6.97mn equities but on a 13% growth in value to QR22.73mn and 34% in transactions to 431.
However, the real estate sector’s trade volume almost tripled to 71.84mn stocks and value more than doubled to QR95.65mn on a 66% jump in deals to 1,864.
The market witnessed a 40% surge in the banks and financial services sector’s trade volume to 87.54mn shares but on a 36% contraction in value to QR255.71mn and 5% in transactions to 4,907.
The industrials sector’s trade volume expanded 6% to 134.61mn equities, whereas value was down 6% to QR364.31mn and deals by 28% to 4,762.
The venture market reported more than doubled trade volumes to 0.26mn stocks and value shot up 41.6% to QR1.77mn and transactions by 42.5% to 57.
Notwithstanding the buying interests of foreign and Arab individuals, the 20-stock Qatar Index declined 1.06% to 13,489.03 points, although it touched an intraday high of 13,654 points.
The banking and real estate counters witnessed higher than average selling pressure in the market, whose year-to-date gains were at 16.03%.
The Islamic index was seen declining slower than the other indices in the market, whose capitalisation saw a 0.82% decrease to QR762.36bn, mainly on the back of mid and small cap segments.
More than 53% of the traded constituents were in the red in the market, where the industrials and consumer goods sectors together accounted for more than 57% of the trading volume.
The foreign institutions were seen net profit takers in the bourse, which saw a total of 50,156 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR680,205 changed hands across 13 deals.
The Arab institutions were also seen bearish, albeit at lower levels, in the market, which saw no trading of sovereign bonds.
Total trade turnover and volumes were on the decline in the bourse, which saw no trading of treasury bills.
The Total Return Index shed 1.06% to 27,352.15 points, the All Share Index by 0.92% to 4,284.95 points and the Al Rayan Islamic Index (Price) by 0.65% to 2,954.94 points.
The banks and financial services sector index shrank 1.17%, real estate (1.13%), industrials (0.93%), telecom (0.83%) and insurance (0.77%); while transport gained 0.38% and consumer goods and services 0.17%.
Major losers in the main market included Qatar General and Reinsurance, United Development Company, Qamco, QIIB, QNB, Commercial Bank, Industries Qatar, Gulf International Services, Qatar Insurance, Barwa, Vodafone Qatar and Nakilat.
In the venture market, Mekdam Holding saw its shares depreciate in value.
Nevertheless, Investment Holding Group, Dlala, Aamal Company, Al Khaleej Takaful, Inma Holding, Doha Bank, Alijarah Holding, Inma Holding, Doha Bank, Qatar Oman Investment, Salam, International Investment, Medicare Group, Mazaya Qatar, Ezdan, Qatar National Cement and Milaha were among the gainers in the main market. In the juniour bourse, Al Faleh Educational Holding saw its shares appreciate in value.
The foreign institutions turned net sellers to the tune of QR5.11mn compared with net buyers of QR144.34mn on March 10.
The Arab institutions were net sellers to the extent of QR0.57mn against no major net exposure for the previous two sessions.
The Gulf institutions’ net buying declined considerably to QR62.98mn compared to QR109.93mn last Thursday.
However, the foreign individuals were net buyers to the tune of QR10.37mn against net sellers of QR0.3mn on March 10.
The Arab individuals turned net buyers to the extent of QR5.21mn compared with net sellers of QR6.68mn the previous day.
The Gulf individuals were net buyers to the tune of QR0.81mn against net sellers of QR3.57mn last Thursday.
The domestic funds’ net selling declined significantly to QR66.22mn compared to QR146.72mn on March 10.
Qatari individuals’ net profit booking shrank drastically to QR7.47mn against QR96.99mn the previous day.
Total trade volume in the main market fell 7% to 410.67mn shares, value by 21% to QR921.29mn and transactions by 17% to 14,935.
The telecom sector’s trade volume plummeted 62% to 6.3mn equities, value by 63% to QR12.62mn and deals by 57% to 396.
The consumer goods and services sector reported a 52% plunge in trade volume to 101.5mn stocks, 39% in value to QR160.43mn and 38% in transactions to 2,302.
The transport sector’s trade volume tanked 13% to 1.91mn shares, while value rose 7% to QR9.83mn and deals by 11% to 273.
There was a 9% shrinkage in the insurance sector’s trade volume to 6.97mn equities but on a 13% growth in value to QR22.73mn and 34% in transactions to 431.
However, the real estate sector’s trade volume almost tripled to 71.84mn stocks and value more than doubled to QR95.65mn on a 66% jump in deals to 1,864.
The market witnessed a 40% surge in the banks and financial services sector’s trade volume to 87.54mn shares but on a 36% contraction in value to QR255.71mn and 5% in transactions to 4,907.
The industrials sector’s trade volume expanded 6% to 134.61mn equities, whereas value was down 6% to QR364.31mn and deals by 28% to 4,762.
The venture market reported more than doubled trade volumes to 0.26mn stocks and value shot up 41.6% to QR1.77mn and transactions by 42.5% to 57.