The Qatar Stock Exchange witnessed five of the seven sectors under buying spotlight even as it treaded a flat path.
The Arab individuals and domestic institutions were seen net buyers as the 20-stock Qatar Index settled mere 0.2% higher at 13,379.72 points, recovering from an intraday low of 13,315 points.
The foreign individuals were seen bullish, albeit at lower levels, in the market, whose year-to-date gains were at 15.09%.
More than 53% of the traded stocks extended gains to investors in the bourse, whose capitalisation grew more than QR1bn or 0.2% to QR744.76bn, mainly on the back of microcap segments.
The Islamic index was seen declining vis-à-vis gains in the other indices in the market, which saw a total of 0.01mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.05mn changed hands across seven deals.
However, local retail investors turned net sellers in the market, which saw no trading of sovereign bonds.
The foreign institutions’ net buying weakened substantially in the bourse, which saw no trading of treasury bills.
The Total Return Index was up 0.02% to 27,406.01points and All Share Index rose 0.13% to 4,257.34 points, while Al Rayan Islamic Index (Price) was down 0.01% to 2,910.32points.
The transport sector index rose 1.29%, real estate (0.74%), banks and financial services (0.16%), insurance (0.15%) and industrials (0.05%); while telecom shrank 1.33% and consumer goods and services 0.49%.
Major gainers in the main market included Qatar General Insurance and Reinsurance, Milaha, Al Khaleej Takaful, Ezdan and Dlala.
Nevertheless, QLM, Ooredoo, Al Meera, Qatar Oman Investment and Mesaieed Petrochemical Holding were among the losers in the main market. In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
The Arab individuals turned net buyers to the tune of QR10.69mn compared with net sellers of QR3.53mn on August 4.
The domestic institutions were net buyers to the extent of QR4.6mn against net sellers of QR32.54mn the previous trading day.
The foreign individuals turned net buyers to the tune of QR0.25mn compared with net sellers of QR6.31mn last Thursday.
The Gulf institutions’ net selling decreased markedly to QR2.67mn against QR6.95mn on August 4.
However, Qatari individuals were net sellers to the tune of QR22.23mn compared with net buyers of QR19.96mn the previous day.
The Gulf retail investors’ net profit booking grew marginally to QR0.5mn against QR0.22mn last Thursday.
The foreign institutions’ net buying weakened substantially to QR9.87mn compared to QR29.58mn on August 4.
The Arab funds continued to have no major net exposure for the third straight session.
Total trade volume in the main market declined 48% to 127.55mn shares, value by 45% to QR327.78mn and transactions by 51% to 9,215.
In the venture market, trade volumes stood at 0.06mn stocks, value at QR0.26mn and deals at 25.
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