Ahead of the US inflation data, the Qatar Stock Exchange saw heavy profit booking as its key index plunged 132 points and capitalisation eroded more than QR7bn.
The Gulf institutions were seen net profit takers as the 20-stock Qatar Index lost 1.03% to 12,718.25 points, although it touched an intraday high of 12,863 points.
The Gulf retail investors were increasingly net sellers in the market, whose year-to-date gains were at 9.4%.
More than 70% of the traded constituents were in the red in the main bourse, whose capitalisation saw QR7.34bn or 1.03% decrease to QR708.25bn, mainly on the back of large and midcap segments.
The Islamic index was seen declining slower than the other indices in the market, which saw a total of 0.67mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR2.29mn changed hands across 79 deals.
Trade turnover grew amidst lower volumes in the main market, while the venture market saw declining trade turnover and volumes.
The foreign institutions’ substantially weakened net buying had its influence in the bourse, which saw no trading of sovereign bonds.
However, the local retail investors were increasingly net buyers in the main market, which saw no trading of treasury bills.
The Total Return Index shed 1.03% to 26,051.11 points, the All Share Index by 1.04% to 4,039.17 points and the Al Rayan Islamic Index (Price) by 0.72% to 2,774.61 points.
The industrials sector index shrank 1.39%, banks and financial services (1.3%), transport (0.59%), consumer goods and services (0.23%) and insurance (0.23%), while telecom gained 1.02% and real estate 0.04%.
Major losers in the main market included Alijarah Holding, Lesha Bank, Al Khaleej Takaful, Mesaieed Petrochemical Holding, QNB, Dlala, Qatar Islamic Bank, Salam International Investment, Industries Qatar, Estithmar Holding, Qatari Investors Group, United Development Company, Mazaya Qatar and Nakilat. In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
Nevertheless, Aamal Company, QLM, Zad Holding, Vodafone Qatar, Barwa, Qatar Islamic Insurance and Ooredoo were among the gainers in the main market.
In the junior bourse, Mekdam Holding saw its shares appreciate in value.
The Gulf institutions were net sellers to the tune of QR7.72mn compared with net buyers of QR0.74mn on October 12.
The Gulf individuals’ net selling strengthened markedly to QR3.86mn against QR0.47mn the previous day.
The foreign institutions’ net buying decreased significantly to QR8.26mn compared to QR28.41mn on Wednesday.
However, the Arab retail investors were net buyers to the extent of QR7.43mn against net sellers of QR1.09mn on October 12.
Qatari individuals’ net buying expanded noticeably to QR6.03mn compared to QR3.66mn the previous day.
The domestic institutions’ net profit booking shrank substantially to QR10.07mn against QR23.8mn on Wednesday.
The foreign individuals’ net selling weakened perceptibly to QR0.07mn compared to QR7.44mn compared to QR7.03mn on October 12.
The Arab institutions had no major net exposure for the second straight session.
Total trade volume in the main market fell 3% to 177.45mn shares, while value shot up 17% to QR452.83mn and deals by 17% to 15,728.
The venture market saw a 50% plunge in trade volumes at 0.03mn equities, 65% in value to QR0.16mn and 49% in transactions to 24.
The Gulf institutions were seen net profit takers as the 20-stock Qatar Index lost 1.03% to 12,718.25 points, although it touched an intraday high of 12,863 points.
The Gulf retail investors were increasingly net sellers in the market, whose year-to-date gains were at 9.4%.
More than 70% of the traded constituents were in the red in the main bourse, whose capitalisation saw QR7.34bn or 1.03% decrease to QR708.25bn, mainly on the back of large and midcap segments.
The Islamic index was seen declining slower than the other indices in the market, which saw a total of 0.67mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR2.29mn changed hands across 79 deals.
Trade turnover grew amidst lower volumes in the main market, while the venture market saw declining trade turnover and volumes.
The foreign institutions’ substantially weakened net buying had its influence in the bourse, which saw no trading of sovereign bonds.
However, the local retail investors were increasingly net buyers in the main market, which saw no trading of treasury bills.
The Total Return Index shed 1.03% to 26,051.11 points, the All Share Index by 1.04% to 4,039.17 points and the Al Rayan Islamic Index (Price) by 0.72% to 2,774.61 points.
The industrials sector index shrank 1.39%, banks and financial services (1.3%), transport (0.59%), consumer goods and services (0.23%) and insurance (0.23%), while telecom gained 1.02% and real estate 0.04%.
Major losers in the main market included Alijarah Holding, Lesha Bank, Al Khaleej Takaful, Mesaieed Petrochemical Holding, QNB, Dlala, Qatar Islamic Bank, Salam International Investment, Industries Qatar, Estithmar Holding, Qatari Investors Group, United Development Company, Mazaya Qatar and Nakilat. In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
Nevertheless, Aamal Company, QLM, Zad Holding, Vodafone Qatar, Barwa, Qatar Islamic Insurance and Ooredoo were among the gainers in the main market.
In the junior bourse, Mekdam Holding saw its shares appreciate in value.
The Gulf institutions were net sellers to the tune of QR7.72mn compared with net buyers of QR0.74mn on October 12.
The Gulf individuals’ net selling strengthened markedly to QR3.86mn against QR0.47mn the previous day.
The foreign institutions’ net buying decreased significantly to QR8.26mn compared to QR28.41mn on Wednesday.
However, the Arab retail investors were net buyers to the extent of QR7.43mn against net sellers of QR1.09mn on October 12.
Qatari individuals’ net buying expanded noticeably to QR6.03mn compared to QR3.66mn the previous day.
The domestic institutions’ net profit booking shrank substantially to QR10.07mn against QR23.8mn on Wednesday.
The foreign individuals’ net selling weakened perceptibly to QR0.07mn compared to QR7.44mn compared to QR7.03mn on October 12.
The Arab institutions had no major net exposure for the second straight session.
Total trade volume in the main market fell 3% to 177.45mn shares, while value shot up 17% to QR452.83mn and deals by 17% to 15,728.
The venture market saw a 50% plunge in trade volumes at 0.03mn equities, 65% in value to QR0.16mn and 49% in transactions to 24.
