Tracking global uncertainties on heightened Russia-Ukraine crisis, the Qatar Stock Exchange Monday fell more than 69 points, mainly dragged by telecom, banking and insurance sectors.
The local retail investors were seen net profit takers as the 20-stock Qatar Index settled 0.53% lower at 12,913.88 points, although it touched an intraday high of 13,015 points.
The Arab individual investors were also seen bearish in the market, whose year-to-date truncated further to 11.08%.
The Gulf individuals’ net selling was seen increasing marginally in the main bourse, whose capitalisation saw QR5.68bn or 0.78% decrease to QR718.51bn, mainly on the back of mid and microcap segments.
The Islamic index was seen gaining vis-à-vis declines in the other indices in the market, which saw a total of 0.25mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.96mn changed hands across 33 deals.
Trade turnover were on the decline amidst higher volumes in the main market, while the venture market saw decreased trade turnover and volumes.
As much as 50% of the traded constituents were in the red in the bourse, which saw no trading of sovereign bonds.
The Gulf institutions were net profit takers, albeit at lower levels, in the main market, which saw no trading of treasury bills.
The Total Return Index shed 0.53% to 26,451.81 points and the All Share Index by 0.71% to 4,100.26 points, while the Al Rayan Islamic Index (Price) was up 0.05% to 2,816.29 points.
The telecom sector index shrank 1.74%, banks and financial services (1.32%) and insurance (0.64%); while transport gained 0.7%, consumer goods and services (0.31%), real estate (0.3%) and industrials (0.07%).
Major losers in the main market included Qatar Industrial Manufacturing, QLM, QNB, Ooredoo, Inma Holding and Vodafone Qatar.
In the venture market, Mekdam Holding saw its shares depreciate in value.
Nevertheless, Aamal Company, Mesaieed Petrochemical Holding, Qamco, Qatari German Medical Devices and Dlala were among the gainers in the main market.
In the junior bourse, Al Faleh Educational Holding saw its shares appreciate in value.
The domestic institutions turned net sellers to the tune of QR24.07mn compared with net buyers of QR4.68mn on October 9
The Arab retail investors were net sellers to the extent of QR1.79mn against net buyers of QR5.67mn the previous day.
The Arab institutions turned net profit takers to the tune of QR0.02mn compared with no major net exposure on Sunday.
The Gulf individuals’ net selling expanded marginally to QR0.26mn against QR0.25mn on October 9.
The foreign institutions’ net buying declined significantly to QR26.41mn compared to QR93.54mn the previous day.
However, the foreign individuals’ net buying shot up markedly to QR2.67mn against QR0.04mn on Sunday.
Qatari individuals’ net profit booking decreased substantially to QR0.17mn compared to QR99.03mn on October 9.
The Gulf institutions’ net selling shrank noticeably to QR2.77mn against QR4.65mn the previous day.
Total trade volume in the main market rose 12% to 128.69mn shares, while value fell 2% to QR353.95mn amidst 84% surge in deals to 13,289.
The venture market saw a 38% plunge in trade volumes to 0.08mn equities, 37% in value to QR0.57mn and 23% in transactions to 59.