The Qatar Stock Exchange on Sunday opened the week weak with its key index losing about 63 points, mainly dragged by the transport, telecom and industrials sectors.
The foreign funds were seen net profit takers as the 20-stock Qatar Index shrank 0.5% to 12,594.14 points, although it touched an intraday high of 12,730 points.
The Gulf institutions continued to be net sellers but with lesser vigour in the market, whose year-to-date gains were at 8.33%.
The domestic funds were seen bullish in the main bourse, whose capitalisation however saw QR3.16bn or 0.45% decrease to QR700.39bn, mainly on the back of small and microcap segments.
The Islamic index declined slower than the other indices in the market, which saw a total of 0.57mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR2.07mn changed hands across 53 deals.
Trade turnover and volumes were on the decline in the main market, while the venture market saw increased turnover and volumes.
The foreign individuals were increasingly net buyers in the bourse, which saw no trading of sovereign bonds.
The Arab retail investors were also increasingly bullish in the main market, which saw no trading of treasury bills.
The Total Return Index shrank 0.5% to 25,796.89 points, Al Rayan Islamic Index (Price) by 0.07% to 2,768.35 points and All Share Index by 0.43% to 3,998.93 points.
The transport sector index tanked 1.3%, telecom (1.28%), industrials (0.74%), insurance (0.37%), consumer goods and services (0.36%) and banks and financial services (0.22%); while real estate gained 0.49%.
Major losers in the main market included Dlala, Qatari German Medical Devices, Nakilat, Commercial Bank, Ooredoo, Medicare Group, Baladna, Industries Qatar and Estithmar Holding. In the venture market, Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, QLM, Salam International Investment, Gulf Warehousing, United Development Company, Vodafone Qatar and Barwa were among the gainers in the main market.
The foreign institutions turned net sellers to the tune of QR10.73mn compared with net buyers of QR91.19mn on October 20.
However, the domestic institutions were net buyers to the extent of QR12.5mn against net sellers of QR53.73mn last Thursday.
The foreign individuals’ net buying grew substantially to QR9.33mn compared to QR2.31mn the previous trading day.
The Arab retail investors’ net buying expanded noticeably to QR7.49mn against QR1.16mn on October 20.
Qatari individuals turned net buyers to the tune of QR0.29mn compared with net sellers of QR13.3mn last Thursday.
The Gulf individuals were net buyers to the extent of QR0.29mn against net profit takers of QR0.92mn the previous trading day.
The Arab institutions turned net buyers to the tune of QR0.19mn compared with no major net exposure on October 20.
The Gulf institutions’ net profit booking weakened perceptibly to QR19.36mn against QR26.69mn the previous trading day.
Total trade volume in the main market shrank 17% to 94.37mn shares, value by 38% to QR315.63mn and deals by 39% to 12,819.
The venture market saw trade volumes triple to 0.3mn equities and value grew 23% to QR0.96mn but on 11% shrinkage in transactions to 58.
The foreign funds were seen net profit takers as the 20-stock Qatar Index shrank 0.5% to 12,594.14 points, although it touched an intraday high of 12,730 points.
The Gulf institutions continued to be net sellers but with lesser vigour in the market, whose year-to-date gains were at 8.33%.
The domestic funds were seen bullish in the main bourse, whose capitalisation however saw QR3.16bn or 0.45% decrease to QR700.39bn, mainly on the back of small and microcap segments.
The Islamic index declined slower than the other indices in the market, which saw a total of 0.57mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR2.07mn changed hands across 53 deals.
Trade turnover and volumes were on the decline in the main market, while the venture market saw increased turnover and volumes.
The foreign individuals were increasingly net buyers in the bourse, which saw no trading of sovereign bonds.
The Arab retail investors were also increasingly bullish in the main market, which saw no trading of treasury bills.
The Total Return Index shrank 0.5% to 25,796.89 points, Al Rayan Islamic Index (Price) by 0.07% to 2,768.35 points and All Share Index by 0.43% to 3,998.93 points.
The transport sector index tanked 1.3%, telecom (1.28%), industrials (0.74%), insurance (0.37%), consumer goods and services (0.36%) and banks and financial services (0.22%); while real estate gained 0.49%.
Major losers in the main market included Dlala, Qatari German Medical Devices, Nakilat, Commercial Bank, Ooredoo, Medicare Group, Baladna, Industries Qatar and Estithmar Holding. In the venture market, Al Faleh Educational Holding and Mekdam Holding saw their shares depreciate in value.
Nevertheless, QLM, Salam International Investment, Gulf Warehousing, United Development Company, Vodafone Qatar and Barwa were among the gainers in the main market.
The foreign institutions turned net sellers to the tune of QR10.73mn compared with net buyers of QR91.19mn on October 20.
However, the domestic institutions were net buyers to the extent of QR12.5mn against net sellers of QR53.73mn last Thursday.
The foreign individuals’ net buying grew substantially to QR9.33mn compared to QR2.31mn the previous trading day.
The Arab retail investors’ net buying expanded noticeably to QR7.49mn against QR1.16mn on October 20.
Qatari individuals turned net buyers to the tune of QR0.29mn compared with net sellers of QR13.3mn last Thursday.
The Gulf individuals were net buyers to the extent of QR0.29mn against net profit takers of QR0.92mn the previous trading day.
The Arab institutions turned net buyers to the tune of QR0.19mn compared with no major net exposure on October 20.
The Gulf institutions’ net profit booking weakened perceptibly to QR19.36mn against QR26.69mn the previous trading day.
Total trade volume in the main market shrank 17% to 94.37mn shares, value by 38% to QR315.63mn and deals by 39% to 12,819.
The venture market saw trade volumes triple to 0.3mn equities and value grew 23% to QR0.96mn but on 11% shrinkage in transactions to 58.