Strong buying interests at the transport, telecom and real estate counters notwithstanding, the Qatar Stock Exchange on Thursday fell 0.26%.
Local retail investors were seen increasingly into net selling as the 20-stock Qatar Index fell for the second straight session by 33 points to 12,800.12 points, although it touched an intraday high of 12,865 points.
The foreign individuals were seen bearish in the market, whose year-to-date gains were at 10.1%.
The Islamic index were seen declining slower than the other indices in the market, whose capitalisation eroded more than QR1bn or 0.18% to QR726.8bn, mainly on the back of small cap segments.
The Gulf individuals were net profit takers in the market, where the consumer goods and banking sectors together accounted for more than 56% of the trading volume.
The domestic institutions were increasingly into net selling in the market, which saw a total of 33,086 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.2mn changed hands across 19 deals.
The Arab individuals were seen net profit takers in the market, which saw no trading of sovereign bonds.
Total trade turnover and volumes were on the increase in the bourse, which saw no trading of treasury bills.
The Total Return Index shed 0.26% to 26,218.8 points, the All Share Index by 0.24% to 4,118.71 points and the Al Rayan Islamic Index (Price) by 0.07% to 2,752.97 points.
The industrials sector index shrank 0.79%, banks and financial services (0.52%) and insurance (0.13%); while transport gained 1.71%, telecom (1.61%), real estate (1.37%) and consumer goods and services (0.55%).
Major losers in the main market included Doha Insurance, Qatar Islamic Bank, Mannai Corporation, Masraf Al Rayan and Qamco.
Nevertheless, Qatar Industrial Manufacturing, Al Khaleej Takaful, Baladna, Barwa, Commercial Bank, Inma Holding, Qatari German Medical Devices, Ezdan, Ooredoo, Vodafone Qatar and Nakilat were among the gainers in the main market.
In the venture market, both Al Faleh Educational Holding and Mekdam Holding saw their shares appreciate in value.
The domestic funds’ net selling increased perceptibly to QR78.15mn compared to QR68.75mn on June 1.
Qatari individuals’ net profit booking grew drastically to QR69.44mn against QR35.97mn the previous day.
The Arab individuals turned net sellers to the tune of QR7.7mn compared with net buyers of QR1.44mn on Wednesday.
The foreign individuals were net sellers to the extent of QR2.54mn against net buyers of QR2.31mn on June 1.
The Gulf individuals turned net sellers to the tune of QR1.11mn compared with net buyers of QR0.11mn the previous day.
However, the Gulf institutions’ net buying strengthened substantially to QR86.54mn against QR58mn on Wednesday.
The foreign institutions’ net buying expanded markedly to QR72.4mn compared to QR42.33mn on June 1.
The Arab institutions had no major net exposure against net buyers to the tune of QR0.53mn the previous day.
Total trade volume in the main market rose 39% to 188.86mn shares, value by 44% to QR883.62mn and transactions by 13% to 24,068.
The real estate sector’s trade volume soared 58% to 20.88mn equities and value almost doubled to QR35.63mn on an 87% increase in deals to 1,453.
The consumer goods and services sector reported a 44% surge in trade volume to 53.89mn stocks and 44% in value to QR140.54mn but on 17% decline in transactions to 2,232.
The industrials sector’s trade volume zoomed 44% to 45.1mn shares, value by 22% to QR139.79mn and deals by 5% to 3,452.
The banks and financial services sector reported a 37% expansion in trade volume to 51.96mn equities, 54% in value to QR501.57mn and 36% in transactions to 15,014.
The telecom sector’s trade volume zoomed 26% to 7.63mn stocks and value by 70% to QR31.77mn, whereas deals shrank 36% to 848.
There was a 2% gain in the insurance sector’s trade volume to 3.11mn shares and 16% in value to QR9.16mn but on 66% contraction in transactions to 177.
However, the transport sector’s trade volume was down 5% to 6.28mn equities, value by 15% to QR25.16mn and deals by 44% to 892.
In the venture market, trade volumes were seen shrinking 61.36% to 0.34mn stocks, value by 61.78% to QR2.4mn and transactions by 57.71% to 148.
Local retail investors were seen increasingly into net selling as the 20-stock Qatar Index fell for the second straight session by 33 points to 12,800.12 points, although it touched an intraday high of 12,865 points.
The foreign individuals were seen bearish in the market, whose year-to-date gains were at 10.1%.
The Islamic index were seen declining slower than the other indices in the market, whose capitalisation eroded more than QR1bn or 0.18% to QR726.8bn, mainly on the back of small cap segments.
The Gulf individuals were net profit takers in the market, where the consumer goods and banking sectors together accounted for more than 56% of the trading volume.
The domestic institutions were increasingly into net selling in the market, which saw a total of 33,086 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.2mn changed hands across 19 deals.
The Arab individuals were seen net profit takers in the market, which saw no trading of sovereign bonds.
Total trade turnover and volumes were on the increase in the bourse, which saw no trading of treasury bills.
The Total Return Index shed 0.26% to 26,218.8 points, the All Share Index by 0.24% to 4,118.71 points and the Al Rayan Islamic Index (Price) by 0.07% to 2,752.97 points.
The industrials sector index shrank 0.79%, banks and financial services (0.52%) and insurance (0.13%); while transport gained 1.71%, telecom (1.61%), real estate (1.37%) and consumer goods and services (0.55%).
Major losers in the main market included Doha Insurance, Qatar Islamic Bank, Mannai Corporation, Masraf Al Rayan and Qamco.
Nevertheless, Qatar Industrial Manufacturing, Al Khaleej Takaful, Baladna, Barwa, Commercial Bank, Inma Holding, Qatari German Medical Devices, Ezdan, Ooredoo, Vodafone Qatar and Nakilat were among the gainers in the main market.
In the venture market, both Al Faleh Educational Holding and Mekdam Holding saw their shares appreciate in value.
The domestic funds’ net selling increased perceptibly to QR78.15mn compared to QR68.75mn on June 1.
Qatari individuals’ net profit booking grew drastically to QR69.44mn against QR35.97mn the previous day.
The Arab individuals turned net sellers to the tune of QR7.7mn compared with net buyers of QR1.44mn on Wednesday.
The foreign individuals were net sellers to the extent of QR2.54mn against net buyers of QR2.31mn on June 1.
The Gulf individuals turned net sellers to the tune of QR1.11mn compared with net buyers of QR0.11mn the previous day.
However, the Gulf institutions’ net buying strengthened substantially to QR86.54mn against QR58mn on Wednesday.
The foreign institutions’ net buying expanded markedly to QR72.4mn compared to QR42.33mn on June 1.
The Arab institutions had no major net exposure against net buyers to the tune of QR0.53mn the previous day.
Total trade volume in the main market rose 39% to 188.86mn shares, value by 44% to QR883.62mn and transactions by 13% to 24,068.
The real estate sector’s trade volume soared 58% to 20.88mn equities and value almost doubled to QR35.63mn on an 87% increase in deals to 1,453.
The consumer goods and services sector reported a 44% surge in trade volume to 53.89mn stocks and 44% in value to QR140.54mn but on 17% decline in transactions to 2,232.
The industrials sector’s trade volume zoomed 44% to 45.1mn shares, value by 22% to QR139.79mn and deals by 5% to 3,452.
The banks and financial services sector reported a 37% expansion in trade volume to 51.96mn equities, 54% in value to QR501.57mn and 36% in transactions to 15,014.
The telecom sector’s trade volume zoomed 26% to 7.63mn stocks and value by 70% to QR31.77mn, whereas deals shrank 36% to 848.
There was a 2% gain in the insurance sector’s trade volume to 3.11mn shares and 16% in value to QR9.16mn but on 66% contraction in transactions to 177.
However, the transport sector’s trade volume was down 5% to 6.28mn equities, value by 15% to QR25.16mn and deals by 44% to 892.
In the venture market, trade volumes were seen shrinking 61.36% to 0.34mn stocks, value by 61.78% to QR2.4mn and transactions by 57.71% to 148.