The Qatar Stock Exchange on Sunday opened the week weak and its key index fell about 61 points, mainly dragged by the real estate, banking and insurance sectors.
The Gulf institutions were seen bearish as the 20-stock Qatar Index settled 0.44% lower 13,685.65 points, but recovering from an intraday low of 13,618 points.
The Arab individuals were seen increasingly into net selling in the market, whose year-to-date gains were at 17.72%.
More than 84% of the traded constituents were in the red in the bourse, whose capitalisation shed more than QR5bn or 0.69% to QR759.43bn, mainly on the back of small cap segments.
The Islamic index was seen declining slower than the other indices in the market, which saw a total of 0.05mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.47mn changed hands across 27 deals.
The foreign institutions were however increasingly into net buying in the market, which saw no trading of sovereign bonds.
The local retail investors’ net selling weakened considerably in the bourse, which saw no trading of treasury bills.
The Total Return Index fell 0.44% to 28,032.65 points, the All Share Index by 0.57% to 4,325.83 points and the Al Rayan Islamic Index (Price) by 0.29% to 2,995.12 points.
The realty sector index tanked 1.55%, banks and financial services (0.96%), insurance (0.85%), consumer goods and services (0.29% and transport (0.12%); while industrials and telecom gained 0.24% and 0.21% respectively.
Major losers in the main market included Mannai Corporation, Ezdan, Aamal Company, Alijarah Holding, QLM, QNB, Qatar First Bank, Salam International Investment, Baladna, Qatari Investors Group, Gulf International Services, Mesaieed Petrochemical Holding, Estithmar Holding, Qatar Insurance, Barwa, Mazaya Qatar and Nakilat. In the venture market, Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, Industries Qatar, Al Meera Consumer Goods, Qatar Islamic Insurance, Milaha and Ooredoo were among the gainers in the main market.
The Gulf institutions turned net sellers to the tune of QR22.01mn compared with net buyers of QR6mn on August 25.
The Arab individuals’ net selling increased perceptibly to QR6.67mn against QR4.11mn the previous trading day.
The Gulf retail investors’ net profit booking grew markedly to QR3.24mn compared to QR0.58mn last Thursday.
The domestic institutions’ net buying shrank considerably to QR5.7mn against QR15.52mn on August 25.
However, the foreign funds’ net buying shot up significantly to QR36.07mn compared to QR22.37mn the previous trading day.
Qatari individuals’ net profit booking decreased considerably to QR9.81mn against QR32.44mn last Thursday.
The foreign individuals’ net selling weakened noticeably to QR0.55mn compared to QR5.39mn on August 25.
The Arab institutions had no major net exposure against net sellers to the tune of QR1.38mn the previous trading day.
Total trade volume in the main market tanked 25% to 137.5mn shares, while value shrank 16% to QR387.71mn and deals by 36% to 9,726.
In the venture market, there was a 59% shrinkage in trade volumes to 0.07mn equities, 63% in value to QR0.5mn and 13% in transactions to 38.
The Gulf institutions were seen bearish as the 20-stock Qatar Index settled 0.44% lower 13,685.65 points, but recovering from an intraday low of 13,618 points.
The Arab individuals were seen increasingly into net selling in the market, whose year-to-date gains were at 17.72%.
More than 84% of the traded constituents were in the red in the bourse, whose capitalisation shed more than QR5bn or 0.69% to QR759.43bn, mainly on the back of small cap segments.
The Islamic index was seen declining slower than the other indices in the market, which saw a total of 0.05mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.47mn changed hands across 27 deals.
The foreign institutions were however increasingly into net buying in the market, which saw no trading of sovereign bonds.
The local retail investors’ net selling weakened considerably in the bourse, which saw no trading of treasury bills.
The Total Return Index fell 0.44% to 28,032.65 points, the All Share Index by 0.57% to 4,325.83 points and the Al Rayan Islamic Index (Price) by 0.29% to 2,995.12 points.
The realty sector index tanked 1.55%, banks and financial services (0.96%), insurance (0.85%), consumer goods and services (0.29% and transport (0.12%); while industrials and telecom gained 0.24% and 0.21% respectively.
Major losers in the main market included Mannai Corporation, Ezdan, Aamal Company, Alijarah Holding, QLM, QNB, Qatar First Bank, Salam International Investment, Baladna, Qatari Investors Group, Gulf International Services, Mesaieed Petrochemical Holding, Estithmar Holding, Qatar Insurance, Barwa, Mazaya Qatar and Nakilat. In the venture market, Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, Industries Qatar, Al Meera Consumer Goods, Qatar Islamic Insurance, Milaha and Ooredoo were among the gainers in the main market.
The Gulf institutions turned net sellers to the tune of QR22.01mn compared with net buyers of QR6mn on August 25.
The Arab individuals’ net selling increased perceptibly to QR6.67mn against QR4.11mn the previous trading day.
The Gulf retail investors’ net profit booking grew markedly to QR3.24mn compared to QR0.58mn last Thursday.
The domestic institutions’ net buying shrank considerably to QR5.7mn against QR15.52mn on August 25.
However, the foreign funds’ net buying shot up significantly to QR36.07mn compared to QR22.37mn the previous trading day.
Qatari individuals’ net profit booking decreased considerably to QR9.81mn against QR32.44mn last Thursday.
The foreign individuals’ net selling weakened noticeably to QR0.55mn compared to QR5.39mn on August 25.
The Arab institutions had no major net exposure against net sellers to the tune of QR1.38mn the previous trading day.
Total trade volume in the main market tanked 25% to 137.5mn shares, while value shrank 16% to QR387.71mn and deals by 36% to 9,726.
In the venture market, there was a 59% shrinkage in trade volumes to 0.07mn equities, 63% in value to QR0.5mn and 13% in transactions to 38.