The Qatar Stock Exchange Sunday opened the week weak as its key index lost more than 51 points, although more than 55% of the traded constituents extended gains to investors.
The Gulf funds were seen net sellers as the 20-stock Qatar Index settled 0.37% lower at 13,967.04 points, although it touched an intraday high of 14,040 points.
The foreign individuals were also seen net profit takers in the market, whose year-to-date gains were at 20.14%.
The domestic funds’ net buying weakened substantially in the bourse, whose capitalisation declined more than QR1bn or 0.19% to QR779.57bn, mainly on the back of microcap segments.
The Islamic index was seen gaining vis-à-vis declines in the other indices in the market, which saw a total of 0.13mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR1.61mn changed hands across 67 deals.
The foreign institutions’ net buying weakened considerably in the market, which saw no trading of sovereign bonds.
The Gulf individuals were seen net buyers in the bourse, which saw no trading of treasury bills.
The Total Return Index fell 0.37% to 28,609.04 points and the All Share Index by 0.4% to 4,436.7 points, while the Al Rayan Islamic Index (Price) gained 0.32% to 3,055.18 points.
The banks and financial services sector index shrank 1.3%, telecom (0.31%) and insurance (0.24%); while transport gained 2.64%, real estate (0.78%), industrials (0.56%) and consumer goods and services (0.24%).
Major losers in the main market included Qatari General Insurance and Reinsurance, Qatar First Bank, Qatar National Cement, Commercial Bank, Qatar Industrial Manufacturing, QNB, Qatar Islamic Bank and Doha Bank.
In the venture market, both Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, Widam Food, Doha Insurance, Milaha, Gulf International Services, Ezdan, Dlala, Qatari Investors Group and Gulf Warehousing were among the gainers in the main market.
The Gulf institutions turned net sellers to the tune of QR7.59mn compared with net buyers of QR9.22mn on August 18.
The foreign individuals were net sellers to the extent of QR6.87mn against net buyers of QR6.03mn last Thursday.
The domestic institutions’ net buying declined noticeably to QR45.84mn compared to QR69.48mn the previous trading day.
The foreign institutions’ net buying shrank perceptibly to QR2.48mn against QR16.5mn on August 18.
However, the Arab individuals turned net buyers to the tune of QR11.33mn compared with net sellers of QR14.91mn last Thursday.
The Gulf retail investors were net buyers to the extent of QR1.08mn against net sellers of QR2.58mn the previous trading day.
Qatari individuals’ net selling weakened considerably to QR46.27mn compared to QR76.56mn on August 18.
The Arab funds had no major net exposure against net profit takers to the tune of QR7.18mn the previous day.
Total trade volume in the main market shrank 41% to 224.23mn shares, value by 54% to QR616.84mn and deals by 37% to 14,091.
In the venture market, trade volumes stood at 0.52mn equities, value at QR3.63mn and transactions at 179.
The Gulf funds were seen net sellers as the 20-stock Qatar Index settled 0.37% lower at 13,967.04 points, although it touched an intraday high of 14,040 points.
The foreign individuals were also seen net profit takers in the market, whose year-to-date gains were at 20.14%.
The domestic funds’ net buying weakened substantially in the bourse, whose capitalisation declined more than QR1bn or 0.19% to QR779.57bn, mainly on the back of microcap segments.
The Islamic index was seen gaining vis-à-vis declines in the other indices in the market, which saw a total of 0.13mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR1.61mn changed hands across 67 deals.
The foreign institutions’ net buying weakened considerably in the market, which saw no trading of sovereign bonds.
The Gulf individuals were seen net buyers in the bourse, which saw no trading of treasury bills.
The Total Return Index fell 0.37% to 28,609.04 points and the All Share Index by 0.4% to 4,436.7 points, while the Al Rayan Islamic Index (Price) gained 0.32% to 3,055.18 points.
The banks and financial services sector index shrank 1.3%, telecom (0.31%) and insurance (0.24%); while transport gained 2.64%, real estate (0.78%), industrials (0.56%) and consumer goods and services (0.24%).
Major losers in the main market included Qatari General Insurance and Reinsurance, Qatar First Bank, Qatar National Cement, Commercial Bank, Qatar Industrial Manufacturing, QNB, Qatar Islamic Bank and Doha Bank.
In the venture market, both Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, Widam Food, Doha Insurance, Milaha, Gulf International Services, Ezdan, Dlala, Qatari Investors Group and Gulf Warehousing were among the gainers in the main market.
The Gulf institutions turned net sellers to the tune of QR7.59mn compared with net buyers of QR9.22mn on August 18.
The foreign individuals were net sellers to the extent of QR6.87mn against net buyers of QR6.03mn last Thursday.
The domestic institutions’ net buying declined noticeably to QR45.84mn compared to QR69.48mn the previous trading day.
The foreign institutions’ net buying shrank perceptibly to QR2.48mn against QR16.5mn on August 18.
However, the Arab individuals turned net buyers to the tune of QR11.33mn compared with net sellers of QR14.91mn last Thursday.
The Gulf retail investors were net buyers to the extent of QR1.08mn against net sellers of QR2.58mn the previous trading day.
Qatari individuals’ net selling weakened considerably to QR46.27mn compared to QR76.56mn on August 18.
The Arab funds had no major net exposure against net profit takers to the tune of QR7.18mn the previous day.
Total trade volume in the main market shrank 41% to 224.23mn shares, value by 54% to QR616.84mn and deals by 37% to 14,091.
In the venture market, trade volumes stood at 0.52mn equities, value at QR3.63mn and transactions at 179.
