The Qatar Stock Exchange on Tuesday witnessed six of the seven sectors under selling pressure as its key index lost more than 13 points.
The Gulf funds were increasingly net sellers as the 20-stock Qatar Index settled 0.1% lower at 13,613.32 points, although it touched an intraday high of 13,687 points.
The foreign institutions were seen net profit takers in the market, whose year-to-date gains were at 17.1%.
About 56% of the traded constituents were in the red in the bourse, whose capitalisation eroded more than QR2bn or 0.27% to QR757.42bn mainly on small and microcap segments.
The Islamic index was seen declining slower than the main barometer in the market, which saw a total of 0.1mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.94mn changed hands across 66 deals.
Trade turnover grew amidst lower volumes in the bourse, which saw the domestic institutions continue to be net sellers but with lesser vigour.
The Arab retail investors were increasingly net sellers in the market, which saw no trading of sovereign bonds.
The Gulf individuals were seen net profit takers in the bourse, which saw no trading of treasury bills.
The Total Return Index fell 0.1% to 27,884.5 points, All Share Index by 0.16% to 4,312.34 points and Al Rayan Islamic Index (Price) by 0.13% to 2,975 points.
The telecom sector index declined 1.04%, insurance (0.55%), consumer goods and services (0.36%), transport (0.24%), banks and financial services (0.19%) and industrials (0.02%); while real estate gained 1.12%.
Major losers in the main market included QLM, Ezdan, Qatar Islamic Bank, Ooredoo, Al Meera Consumer Goods, Aamal Company, Qamco and Vodafone Qatar. In the venture market, Mekdam Holding saw its shares depreciate in value.
Nevertheless, Commercial Bank, United Development Company, Mesaieed Petrochemical Holding, Medicare Group and Al Khaleej Takaful were among the gainers in the main market.
The Gulf institutions’ net profit booking grew markedly to QR9.68mn compared to QR7.81mn on August 29.
The Gulf retail investors were net sellers to the tune of QR0.76mn against net buyers of QR0.94mn the previous day.
The foreign institutions were net sellers to the extent of QR0.62mn compared with net buyers of QR1.45mn on Monday.
Qatari individuals’ net buying declined perceptibly to QR13.48mn against QR16.53mn on August 29.
The foreign individuals’ net buying weakened noticeably to QR0.08mn compared to QR1.87mn the previous day.
However, the Arab individuals’ net buying strengthened considerably to QR8.84mn against QR2mn on Monday.
The domestic institutions’ net profit booking shrank notably to QR11.35mn compared to QR14.26mn on August 29.
The Arab institutions had no major net exposure against net sellers to the extent of QR0.7mn the previous day.
Total trade volume in the main market fell 9% to 162.02n shares, while value shot up 12% to QR625.29mn and deals by 48% to 23,944.
In the venture market, trade volumes more than tripled to 0.4mn equities and value almost quadrupled to QR3.04mn on more than quadrupled transactions to 155.
The Gulf funds were increasingly net sellers as the 20-stock Qatar Index settled 0.1% lower at 13,613.32 points, although it touched an intraday high of 13,687 points.
The foreign institutions were seen net profit takers in the market, whose year-to-date gains were at 17.1%.
About 56% of the traded constituents were in the red in the bourse, whose capitalisation eroded more than QR2bn or 0.27% to QR757.42bn mainly on small and microcap segments.
The Islamic index was seen declining slower than the main barometer in the market, which saw a total of 0.1mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.94mn changed hands across 66 deals.
Trade turnover grew amidst lower volumes in the bourse, which saw the domestic institutions continue to be net sellers but with lesser vigour.
The Arab retail investors were increasingly net sellers in the market, which saw no trading of sovereign bonds.
The Gulf individuals were seen net profit takers in the bourse, which saw no trading of treasury bills.
The Total Return Index fell 0.1% to 27,884.5 points, All Share Index by 0.16% to 4,312.34 points and Al Rayan Islamic Index (Price) by 0.13% to 2,975 points.
The telecom sector index declined 1.04%, insurance (0.55%), consumer goods and services (0.36%), transport (0.24%), banks and financial services (0.19%) and industrials (0.02%); while real estate gained 1.12%.
Major losers in the main market included QLM, Ezdan, Qatar Islamic Bank, Ooredoo, Al Meera Consumer Goods, Aamal Company, Qamco and Vodafone Qatar. In the venture market, Mekdam Holding saw its shares depreciate in value.
Nevertheless, Commercial Bank, United Development Company, Mesaieed Petrochemical Holding, Medicare Group and Al Khaleej Takaful were among the gainers in the main market.
The Gulf institutions’ net profit booking grew markedly to QR9.68mn compared to QR7.81mn on August 29.
The Gulf retail investors were net sellers to the tune of QR0.76mn against net buyers of QR0.94mn the previous day.
The foreign institutions were net sellers to the extent of QR0.62mn compared with net buyers of QR1.45mn on Monday.
Qatari individuals’ net buying declined perceptibly to QR13.48mn against QR16.53mn on August 29.
The foreign individuals’ net buying weakened noticeably to QR0.08mn compared to QR1.87mn the previous day.
However, the Arab individuals’ net buying strengthened considerably to QR8.84mn against QR2mn on Monday.
The domestic institutions’ net profit booking shrank notably to QR11.35mn compared to QR14.26mn on August 29.
The Arab institutions had no major net exposure against net sellers to the extent of QR0.7mn the previous day.
Total trade volume in the main market fell 9% to 162.02n shares, while value shot up 12% to QR625.29mn and deals by 48% to 23,944.
In the venture market, trade volumes more than tripled to 0.4mn equities and value almost quadrupled to QR3.04mn on more than quadrupled transactions to 155.