The Qatar Stock Exchange Thursday fell below 12,200 points despite buying interests at the insurance, real estate and consumer goods counters.
The Gulf institutions were seen net profit takers as the 20-stock Qatar Index shed about 46 points or 0.37% to 12,191.3 points, having touched an intraday high of 12,294 points.
The domestic funds continued to be net sellers but with lesser vigour in the market, whose year-to-date gains were at 4.86%.
The foreign institutions’ were seen increasingly into net buying in the bourse, whose capitalisation saw more than QR2bn or 0.3% decrease to QR684.02bn, mainly on the back of microcap segments.
The Islamic index was seen declining slower than the other indices in the market, where the consumer goods, industrials and banking sectors together constituted about 86% of the total trading volume.
The local retail investors were increasingly bullish in the bourse, which saw a total of 0.04mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.42mn changed hands across five deals.
The Arab individuals were seen net buyers 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 shrank 0.37 to 24,971.74 points, the All Share Index by 0.31% to 3,918.78 points and the Al Rayan Islamic Index (Price) by 0.08% to 2,634.46 points.
The transport sector index tanked 0.76%, banks and financial services (0.55%) and telecom (0.41%); whereas insurance gained 0.96%, real estate (0.27%) and consumer goods and services (0.14%). The industrials index remained flat.
Major shakers in the main market included Nakilat, Qatari German Medical Devices, Inma Holding, Dlala, Estithmar Holding, QNB, Ooredoo and Gulf Warehousing.
In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
Nevertheless, gainers included Qatar Islamic Insurance, Gulf International Services, Mannai Corporation, Qatari Investors Group, Widam Food, Alijarah Holding, Baladna, Qatar National Cement, Aamal Company, Qamco and Mazaya Qatar.
In the juniour bourse, Mekdam Holding saw its shares appreciate in value.
The Gulf institutions turned net sellers to the tune of QR28.23mn compared with net buyers of QR6.16mn on June 29.
However, the foreign funds’ net buying grew perceptibly to QR59.84mn against QR55.27mn on Wednesday.
Qatari individuals’ net buying strengthened noticeably to QR15.17mn compared to QR5.77mn the previous day.
The Arab individuals were net buyers to the extent of QR2.58mn against net sellers of QR9.17mn on June 29.
The Gulf individuals turned net buyers to the tune of QR1.32mn compared with net sellers of QR1.23mn on Wednesday.
The foreign individuals were net buyers to the extent of QR0.8mn against net profit takers of QR1.75mn the previous day.
The domestic funds’ net selling declined markedly to QR51.48mn compared to QR55.05mn on June 29.
The Arab institutions had no major net exposure for the third straight session.
Total trade volume in the main market rose 50% to 197.27mn shares, value by 34% to QR695.4mn and transactions by 2% to 16,291.
The transport sector’s trade volume more than doubled to 6.49mn equities and value almost tripled to QR32.33mn on more-than-doubled deals to 1,119.
The industrials sector’s trade volume more than doubled to 86.75mn stocks and value also more than doubled to QR210.73mn on a 60% increase in transactions to 4,430.
The telecom sector’s trade volume almost doubled to 4.71mn shares and value more than doubled to QR22.79mn on more-than-doubled deals to 1,146.
The banks and financial services sector reported a 54% surge in trade volume to 41.09mn equities and 15% in value to QR343.5mn but on a 23% contraction in transactions to 7,097.
The real estate sector’s trade volume zoomed 27% to 15.74mn stocks and value by 11% to QR19.58mn, whereas deals were down 5% to 794.
However, there was a 50% plunge in the insurance sector’s trade volume to 1.19mn shares, 56% in value to QR3.15mn and 38% in transactions to 125.
The consumer goods and services sector’s trade volume tanked 13% to 41.29mn equities, value by 20% to QR63.32mn and deals by 18% to 1,580.
The venture market saw trade volumes more than double to 0.47mn stocks and value also more than double to QR2.84mn on almost five-fold jump in transactions to 179.
 
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