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Friday, December 05, 2025 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "exchange" (42 articles)

Gulf Times
Region

Captive-Detainee exchange begins as first phase of Gaza ceasefire deal takes effect

The exchange of Palestinian detainees and Israeli captives in the Gaza Strip began Monday morning as part of the initial phase of the Gaza ceasefire agreement, with the International Committee of the Red Cross (ICRC) receiving seven Israeli captives. Meanwhile, Palestine Red Crescent Society crews entered Ofer Prison, west of Ramallah, to transfer a sick Palestinian detainee slated for release.The first phase of the plan proposed by US President Donald Trump to end the war in the Gaza Strip includes the release of all living Israeli captives held in Gaza — a total of 20 people — in two groups. In addition, 28 bodies will be handed over gradually, depending on the progress of recovery efforts under the rubble in the Gaza Strip.In exchange, Israeli occupation authorities will release 250 Palestinian detainees serving life sentences, along with 1,718 detainees from Gaza who were arrested after the war began on Oct. 7, 2023.Authorities have transferred detainees designated for release from five central prisons to Ofer Prison, west of Ramallah, and others to Ketziot Prison in the Negev, in preparation for their transfer to the Gaza Strip and subsequently to Egypt.The swap process is being conducted under the supervision of an Egyptian-Qatari-US joint committee, which monitors the implementation of the ceasefire agreement.On Oct. 9, US President Trump announced an agreement to implement the first phase of his Middle East peace plan, which he had outlined earlier on Sept. 29. The plan calls for ending the war in Gaza, the withdrawal of Israeli occupation forces, the entry of humanitarian aid, and the exchange of captives and detainees.The ceasefire took effect last Friday, marking the start of the 72-hour deadline set by the agreement for completing the exchange process.According to organizations concerned with Palestinian detainees' affairs, the number of Palestinians held in Israeli prisons exceeds 11,000, amid dire conditions including torture, starvation, and systematic medical neglect, which has led to several deaths in custody.The number of detainees sentenced to life imprisonment has reached 350, with indictments filed paving the way for additional sentences. There are 53 female prisoners, including three from Gaza and two girls, and about 400 child prisoners held in Ofer and Megiddo prisons. The number of administrative detainees — held without trial — has reached around 3,380 as of October, the institutions reported.

Palestinians collect aid parcels from aid trucks in Khan Yunis in the southern Gaza Strip Sunday
Region

Peace summit Monday to map Gaza’s future

More than 20 world leaders to attendMediators to ink guarantee documentCaptives, prisoners to be freed MondayA Gaza ceasefire was holding for a third day Sunday, ahead of a proposed hostage-prisoner exchange and a summit aimed at charting a path to peace after two years of war.US President Donald Trump is among the more than 20 world leaders expected in Egypt's Red Sea resort town of Sharm El-Sheikh Monday for the Gaza peace summit co-hosted by his Egyptian counterpart Abdel Fattah al-Sisi. But neither Israel or Hamas will attend.Among those expected to attend are UN Secretary-General Antonio Guterres, Jordan's King Abdullah II, British Prime Minister Keir Starmer, French President Emmanuel Macron and his Turkish counterpart Recep Tayyip Erdogan.Trump is due to arrive in Israel Monday to address the Knesset, the parliament, before traveling to Sharm El Sheikh for the summit.Egypt has said 21 nations will take part, with representation also expected from the EU and Arab League, the United Arab Emirates, Oman, Pakistan, Indonesia, India and Germany, among others.Iran also said it received an invitation, but did not indicate whether it would attend.The mediating nations for the ceasefire deal in Gaza are to sign a document guaranteeing the agreement at the summit, a diplomatic source said."The signatories will be the guarantors -- (the) US, Egypt, Qatar and likely Turkiye," the diplomat said, after the Egyptian foreign ministry earlier said a document ending the war in Gaza was expected to be signed during the gathering.Israel expects all hostages held in Gaza to be freed early Monday, a spokeswoman for the prime minister's office said, adding that all surviving captives are to be released simultaneously."The living hostages are to be released together at one time to the Red Cross and transported among six to eight vehicles," Shosh Bedrosian told journalists.The initial stage of the ceasefire deal includes the release of 48 Israeli hostages in exchange for 250 Palestinian prisoners and 1,700 Gazans held by Israel since the war broke out.An Israeli official said the Palestinian prisoners would be "released once Israel has confirmation that all of our hostages are across the border into Israel".A Hamas source close to the group's negotiating committee told AFP Sunday that it would not participate in governing post-war Gaza.More than 200 trucks carrying aid destined for Gaza, including six diesel fuel trucks and five carrying cooking gas, were unloaded Sunday at the Kerem Shalom crossing with the Palestinian territory.Hundreds of thousands of Palestinians poured back into a shattered Gaza City after the guns fell silent.

Notwithstanding the selling pressure in five of the seven sectors, the 20-stock Qatar Index gained 0.65% during week
Business

QSE reverses 3-week bearish spell as Gulf funds turn bullish; M-cap adds QR3.63bn

The US rate-cut hopes and Gaza ceasefire had their overarching influence on the Qatar Stock Exchange (QSE), which reported gains this week vis-a-vis bearish spell in the previous three weeks.Notwithstanding selling pressure in five of the seven sectors, the 20-stock Qatar Index gained 0.65% this week which saw QNB report net profit of QR12.83bn in the first nine months of this year.The Gulf institutions were seen net buyers in the main bourse this week which saw Dukhan Bank post net profit of QR1.19bn in January-September 2025.The Arab individuals were increasingly net buyers in the main market this week which saw Mazaya Real Estate Development, in partnership with Al Jassasya Holding Company, launch a new project “Via D’oro” on Qetaifan Island in Lusail City.The Arab institutions turned bullish, albeit at lower levels, in the main bourse this week which saw QNB Group receive licence for a digital-first banking entity, ezbank, from the Central Bank of Egypt.The foreign funds’ substantially weakened net selling had its influence on the main bourse this week which saw QNB Group's successful refinancing of $1.5bn unsecured syndicated term loan facility.However, the local retail investors were increasingly net profit takers in the main market this week which saw a total of 0.77mn AlRayan Bank-sponsored exchange traded fund QATR worth QR1.88mn trade across 267 deals.The domestic funds were also increasingly net sellers in the main bourse this week which saw a total of 7,307 AlRayan Bank-sponsored exchange traded fund QATR worth QR0.08mn trade across nine deals.The Islamic index was seen gaining slower than the other indices of the main market this week, which saw no trading of sovereign bonds.Market capitalisation expanded QR3.63bn or 0.56% to QR654.22bn on the back of mid cap segments this week which saw no trading of treasury bills.Trade turnover and volumes were on the decrease in the main and junior markets this week which saw the consumer goods, industrials and realty sectors together constitute more than 77% of the total trade volumes.The Total Return Index rose 0.65%, the All Share Index by 0.71% and the All Islamic Index by 0.25%.The banks and financial services sector index shot up 1.56% and telecom 0.63%; while transport declined 0.74%, insurance (0.7%), real estate (0.65%), consumer goods and services (0.61%) and industrials (0.19%) this week.The market was otherwise skewed towards shakers with as many as 31 constituents reporting declines, while 20 gained and two were unchanged this week.Major gainers in the main market included Qamco, QNB, Al Mahhar Holding, Al Faleh Educational Holding, Qatar Islamic Bank, QIIB, Dukhan Bank, Aamal Company and Ooredoo.Nevertheless, about 59% of the traded constituents were in the red with major losers being Widam Food, Inma Holding, Ezdan, Qatar National Cement, Gulf Warehousing, Qatar German Medical Devices, Medicare Group, United Development Company, Mazaya Qatar and Nakilat in the main bourse.In the venture market, Techno Q saw its shares depreciate in value this week.The Gulf institutions turned net buyers to the tune of QR43.96mn compared with net sellers of QR50.01mn the previous week.The Arab individual investors’ net buying increased perceptibly to QR7.68mn against QR2.25mn the week ended October 2.The Arab institutions were net buyers to the extent of QR0.15mn compared with no major net exposure a week ago.The foreign institutions’ net selling weakened significantly to QR0.97mn against QR90.53mn the previous week.However, the Qatari individuals turned net sellers to the tune of QR38.51mn compared with net buyers of QR124.11mn the week ended October 2.The domestic institutions’ net profit booking expanded marginally to QR13.16mn against QR12.59mn a week ago.The Gulf individuals were net sellers to the extent of QR0.73mn compared with net buyers of QR8.85mn the previous week.The foreign retail investors’ net buying shrank noticeably to QR1.57mn against QR17.92mn the week ended October 2.The main market saw a 9% contraction in trade volumes to 573.88mn shares, 24% in value to QR1.42bn and 22% in deals to 83,240 this week.In the venture market, trade volumes plummeted 90% to 0.06mn equities, value by 91% to QR0.15mn and transactions by 80% to 38.

The Gulf institutions were increasingly net sellers as the 20-stock Qatar Index shed 0.87% this week
Business

QSE closes in negative for third straight week, 83% stocks in red; M-cap erodes QR6.16bn

Market EyeWeak energy prices, uncertainty on future Federal Reserve rate cuts and growing concerns on the US shutdown led to 95 points decline in index and more than QR6bn erosion in capitalisation in the Qatar Stock Exchange (QSE), which closed in the negative for the third consecutive week.The Gulf institutions were increasingly net sellers as the 20-stock Qatar Index shed 0.87% this week which saw the International Monetary Fund (IMF) project a 4% medium-term growth for Qatar, reflecting the North Field expansion.About 83% of the traded constituents were in the red this week which saw the IMF find Qatar's banks to be in the pink of their health with strong capitalisation, liquidity and profitability.The domestic institutions turned bearish in the main market this week which saw Aamal Company’s board approve selling 51% stake in ECCO Gulf to its foreign partner Majorel Group Luxembourg for about QR36.4mn.The foreign funds continued to be net sellers but with lesser intensity in the main bourse this week which saw Techno Q win new government contracts valued at QR62mn.However, the local retail investors were increasingly net buyers in the main market this week which saw Aamal Company decide to establish a new joint venture in Qatar, operating in the oil and energy services sector, with Aamal Readymix and Oman's Mohammed Al Barwani Oil Services as partners.The foreign individuals were increasingly bullish in the main bourse this week which saw a total of 0.67mn AlRayan Bank-sponsored exchange traded fund QATR worth QR1.66mn trade across 260 deals.The Gulf retail investors were increasingly net buyers in the main market this week which saw 3,611 Doha Bank-sponsored exchange-traded fund QETF valued at QR0.04mn change hands across nine transactions.The Islamic index was seen declining faster than the other indices of the main market this week, which saw as many as 0.33mn of sovereign bonds valued at QR3.3bn trade across seven deals.Market capitalisation eroded QR6.16bn or 0.94% to QR650.59bn on the back of mid and small cap segments this week which saw no trading of treasury bills.Trade turnover and volumes were on the decrease in the main market, while those were on the rise in the venture market this week which saw the consumer goods and realty sectors together constitute about 51% of the total trade volumes.The Total Return Index shed 0.87%, the All Share Index by 0.75% and the All Islamic Index by 1.07% this week which saw QNB Group, in cooperation with Ajlan and Bros Holding, receive license for a digital-first banking entity, ezbank, from the Saudi Central Bank.The realty index tanked 1.53%, consumer goods and services (1%), industrials (0.8%), banks and financial services (0.73%), transport (0.62%), telecom (0.58%) and insurance (0.01%) this week which saw Oxford Economics report that said Qatar's renewed commitment to the North Field gas expansion will provide a big medium-term boost to the country's economyThe market was skewed towards shakers with as many 43 constituents reporting declines, while only nine gained this week which saw Qatar report a robust year-on-year double-digit jump in ships arrival through Hamad, Doha and Al Ruwais ports in the first nine months of this year.Major losers in the main market included Ezdan, Mazaya Qatar, Qatar German Medical Devices, Al Faleh Educational Holding, Mesaieed Petrochemical Holding, Qatar Islamic Bank, Lesha Bank, Dukhan Bank, Salam International Investment, Baladna, Meeza, Aamal Company, Industries Qatar and Estithmar Holding this week which saw Ooredoo's fully owned fintech subsidiary's intention to form a strategic collaboration with PayPal.Nevertheless, Beema, QLM, Doha Bank, Qatar General Insurance and Reinsurance, Al Khaleej Takaful and Qamco were among the movers in the main market this week which saw Ashghal announce 13 new contracts worth QR12bn to enhance the infrastructure of road and drainage networks and public buildings and improve the quality of life in Qatar.The Gulf institutions’ net selling increased substantially to QR50.01mn compared to QR26.2mn the week ended September 25.The domestic funds turned net sellers to the tune of QR12.59mn against net buyers of QR83.9mn the previous week.However, the Qatari individuals’ net buying strengthened significantly to QR124.11mn compared to QR73.37mn a week ago.The foreign retail investors’ net buying expanded noticeably to QR8.85mn against QR11.38mn the week ended September 25.The Gulf individuals’ net buying rose perceptibly to QR8.85mn compared to QR5.26mn the previous week.The Arab individual investors turned net buyers to the extent of QR2.25mn against net sellers of QR9.25mn a week ago.The foreign funds’ net selling weakened considerably to QR90.53mn compared to QR138.69mn the week ended September 25.The Arab institutions had no major net exposure against net buyers to the tune of QR0.23mn the previous week.The main market saw 29% contraction in trade volumes to 628.31mn shares, 19% in value to QR1.88bn and 6% in deals to 106,186 this week.In the venture market, trade volumes jumped 40% to 0.63mn equities and value by 40% to QR1.61mn on more than doubled transactions to 192.

Gulf Times
Business

Lesha Bank announces QAR 540 million indirect investment in energy platform

Lesha Bank LLC (Public) announced its investment in an energy platform in partnership with a leading energy and infrastructure manager. Lesha Bank has invested approximately QAR 540 million through an entity managed by the Bank, the bank said in a statement published on the Qatar Exchange website. The Bank achieved a net profit of QAR 82.436 million for the first half of 2025, marking a 52.3% increase compared to a net profit of QAR 54.131 for the same period in the previous year.

The local retail investors were seen net buyers as the 20-stock Qatar Index rose 0.22% to 11,001.88 points, recovering from an intraday low of 10,951 points.
Business

US rate-cut hopes lift QSE above 11,000 points; local and foreign retail investors turn bullish

Reflecting the optimism on further rate cuts by the US Federal Reserve, the Qatar Stock Exchange (QSE) Monday gained for the second straight session as its key index rose more than 24 points and capitalisation added in excess of QR1bn.The local retail investors were seen net buyers as the 20-stock Qatar Index rose 0.22% to 11,001.88 points, recovering from an intraday low of 10,951 points.The foreign retail investors turned bullish in the main market, whose year-to-date gains improved to 4.08%.The telecom and transport counters witnessed higher than average demand in the main bourse, whose capitalisation added QR1.41bn or 0.21% to QR659.05bn; mainly on microcap segments.The Gulf retail investors were increasingly net buyers in the main market, which saw as many as 0.15mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.38mn trade across 57 deals.The domestic institutions continued to be net buyers but with lesser intensity in the main bourse, whose trade turnover and volumes were on the rise.The Islamic index was seen gaining on par with the key barometer of the main market, which saw no trading of treasury bills.The Gulf institutions were increasingly net profit takers in the main bourse, which saw no trading of sovereign bonds.The Total Return Index gained 0.22%, the All Share Index by 0.13% and the All Islamic Index 0.22% in the main market.The telecom sector index shot up 2.63% and transport 0.65%; while insurance declined 0.68%, consumer goods and services (0.36%), real estate (0.25%), industrials (0.03%) and banks and financial services (0.01%).As many as 16 stocks gained, while 26 declined and 10 were unchanged.Major gainers in the main market included Ooredoo, Nakilat, Qatar General Insurance and Reinsurance, Mekdam Holding, Dukhan bank, Estithmar Holding and Gulf Warehousing.Nevertheless, Qatar Insurance, Inma Holding, Mazaya Qatar, Mannai Corporation, Qatar Oman Investment, Qatar German Medical Devices, Baladna and Ezdan were among the shakers in the main bourse.In the venture market, Techno Q saw its shares depreciate in value.The local retail investors turned net buyers to the tune of QR7.87mn compared with net sellers of QR13.97mn on September 28.The foreign individual investors were net buyers to the extent of QR3.71mn against net sellers of QR1.03mn the previous day.The Arab retail investors turned net buyers of QR1.53mn compared with net profit takers of QR1.03mn on Sunday.The Gulf individual investors’ net buying strengthened marginally to QR0.99mn against QR0.61mn on September 28.However, the Gulf funds’ net profit booking expanded perceptibly to QR14.68mn compared to QR13.42mn the previous day.The foreign institutions’ net selling increased noticeably to QR1.48mn against QR0.2mn on Sunday.The domestic institutions’ net buying weakened markedly to QR2.05mn compared to QR4.7mn on September 28.The Arab institutions had no major net exposure for the second consecutive session.The main market saw a 46% jump in trade volumes to 121.25mn shares and 49% in value to QR363.92mn on more than doubled deals to 25,597.In the venture market, a total of 0.35mn equities valued at QR0.92mn changed hands across 101 transactions.

Foreign institutions were seen net profit takers as the 20-stock Qatar Index plunged 3.09% this week
Business

Future rate cut concerns play spoilsport as QSE tanks 349 points; M-cap erodes QR20bn

Market EyeConcerns on future rate cuts by the US Federal Reserve had its overarching influence in the Qatar Stock Exchange (QSE), which closed the week in the negative, after remaining bullish for four consecutive weeks, with key index plummeting 349 points and capitalisation eroding about QR20bn.Foreign institutions were seen net profit takers as the 20-stock Qatar Index plunged 3.09% this week which saw an Institute of Chartered Accountants of England and Wales forecast suggest that Qatar's gross domestic product growth to nearly double to 4.8% in 2026 on "significant" liquefied natural gas output through North Field expansion.More than 60% of the traded constituents were in the red this week which saw Qatar draft new legislations, including an updated public–private partnership law, a foreign investment law and a bankruptcy law, to help the private sector, which otherwise has been saving QR100mn annually through various industrial incentives.The Gulf institutions turned bearish in the main market this week which saw Ooredoo Group sell a minority 6% stake in Meeza-QSTP to certain funds managed by Fiera Capital (UK) at the current market price.The Arab individuals were seen net sellers in the main bourse this week which saw Qatar Industrial Manufacturing Company sign a pact to acquire a 7% stake held by Qatar Oman Investment Company in the Qatar Aluminum Extrusion Company.However, the domestic funds turned net buyers in the main market this week which saw the Qatar Central Bank’s second phase of primary dealer framework record 29 deals valued in excess of QR2.8bn to date.The local retail investors were seen bullish in the main bourse this week which saw a total of 0.02mn AlRayan Bank-sponsored exchange traded fund QATR worth QR0.06mn trade across 14 deals.The foreign individuals turned net buyers in the main market this week which saw 0.01mn Doha Bank-sponsored exchange-traded fund QETF valued at QR0.08mn change hands across 17 transactions.The Islamic index was seen declining slower than the other indices of the main market this week, which saw as many as 0.21mn of sovereign bonds valued at QR2.12bn trade across four deals.Market capitalisation plunged QR19.86bn or 2.94% to QR656.75bn on the back of large and midcap segments this week which saw no trading of treasury bills.Trade turnover and volumes were on the decrease in the main and venture markets this week which saw the consumer goods and realty sectors together constitute more than 61% of the total trade volumes.The Total Return Index plummeted 3.09%, the All Share Index by 3.11% and the All Islamic Index by 2.01% this week which saw Al Mahhar Holding Company find place in the FTSE Russell Global Equity Index Series.The banks and financial services sector index plunged 4.62%, industrials (2.16%), transport (1.62%), real estate (1.11%) and consumer goods and services (0.35%); while telecom and insurance gained 0.54% and 0.27% respectively this week which saw Mekdam Holding Group bag a QR204mn contract from Qatar Fertiliser Company.The market was skewed towards shakers with as many 32 constituents reporting declines, while 16 gained and five were unchanged this week which saw QTerminals, in which Milaha holds 49% stake, work towards sustainability for all its future acquisitions, as it aims to broaden the footprint in the strategic global markets.Major losers in the main market included QNB, Widam Food, Dukhan Bank, Qatar Islamic Bank, Industries Qatar, Commercial Bank, Doha Bank, AlRayan Bank, Mannai Corporation, Qatar National Cement, Gulf International Services, Qamco, United Development Company, Barwa and Nakilat. In the junior bourse, Techno Q saw its shares depreciate in value this week which saw Gulf Warehousing Company establish a branch of GWC Energy Logistics (Dubai) in Sharjah as part of the company’s expansion in the logistics sector across the UAE.Nevertheless, Medicare Group, Gulf Warehousing, Estithmar Holding, Baladna, Mazaya Qatar and Vodafone Qatar were among the movers in the main market this week which saw QNB Group completes an inaugural benchmark 750mn euros green bond issuance under its medium term note programme in the international capital markets.The foreign institutions turned net sellers to the tune of QR138.69mn compared with net buyers of QR260.96mn the previous week.The Gulf institutions were net sellers to the extent of QR26.2mn against net buyers of QR9.11mn the week ended September 18.The Arab individual investors were net sellers to the tune of QR9.25mn compared with net buyers of QR3.72mn a week ago.However, the domestic funds turned net buyers to the extent of QR83.9mn against net sellers of QR159.27mn the previous week.The Qatari individuals were net buyers to the tune of QR73.37mn compared with net sellers of QR101.56mn the week ended September 18.The foreign retail investors turned net buyers to the extent of QR11.38mn against net profit takers of QR8.39mn a week ago.The Gulf individuals were net buyers to the tune of QR5.26mn compared with net sellers of QR4.73mn the previous week.The Arab institutions’ net buying expanded marginally to QR0.23mn against QR0.17mn the week ended September 18.The main market saw 16% contraction in trade volumes to 886.29mn shares, 20% in value to QR2.33bn and 7% in deals to 112,681 this week.In the venture market, trade volumes shrank 81% to 0.45mn equities, value by 81% to QR1.15mn and transactions by 60% to 94.

The banks, consumer goods and telecom counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.86% to 11,078.5 points, although it touched an intraday high of 11,199 points.
Business

Foreign funds square off as QSE enters fourth day of bearish spell; M-cap melts QR4.73bn

Market EyeForeign institutions were seen squaring off position in the Qatar Stock Exchange, which closed in the negative for the fourth straight session, resulting in 96 points plunge in index and about QR5bn in capitalisation.The banks, consumer goods and telecom counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.86% to 11,078.5 points, although it touched an intraday high of 11,199 points.More than 73% of the traded constituents were in the red in the main market, whose year-to-date gains truncated further to 4.8%.The Gulf institutions were seen net profit takers in the main bourse, whose capitalisation eroded QR4.73bn or 0.71% to QR664.32bn; mainly on midcap segments.The Gulf retail investors turned bearish in the main market, which saw as many as 2,936 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.02mn trade across six deals.The Arab institutions’ weakened net buying had its marginal influence on the main bourse, whose trade turnover and volumes were on the increase.The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills.However, the domestic funds turned net buyers in the main bourse, which saw no trading of sovereign bonds.The Total Return Index shed 0.86%, the All Share Index by 0.85% and the All Islamic Index 0.68% in the main market.The banks and financial services sector index tanked 1.24%, consumer goods and services (0.98%), telecom (0.94%), transport (0.26%), industrials (0.15%) and insurance (0.06%); while real estate was unchanged.As many as 10 stocks gained, while 38 declined and four were unchanged.Major losers in the main market included Medicare Group, Qatar Islamic Bank, QIIB, Qatar Oman Investment, Meeza, QNB, Dukhan Bank, Barwa, Ooredoo and Nakilat.In the juniour bourse, Techno Q saw its shares depreciate in value.Nevertheless, Estithmar Holding, Mazaya Qatar, Ezdan, Mekdam Holding, Gulf Warehousing and Vodafone Qatar were among the movers in the main market.The foreign institutions’ net profit booking increased substantially to QR44.51mn compared to QR5.55mn the previous day.The Gulf institutions turned net sellers to the tune of QR13.29mn against net buyers of QR12.47mn on September 23.The Gulf individual investors were net sellers to the extent of QR0.71mn compared with net buyers of QR1.31mn on Tuesday.The Arab institutions’ net buying weakened marginally to QR0.02mn against QR0.05mn the previous day.However, the domestic funds turned net buyers to the tune of QR43.53mn compared with net sellers of QR2.24mn on September 23.The local retail investors were net buyers to the extent of QR13.09mn against net sellers of QR5.02mn on Tuesday.The foreign individual investors’ net buying strengthened perceptibly to QR5.21mn compared to QR4.7mn the previous day.The Arab retail investors’ net profit booking shrank noticeably to QR3.33mn against QR5.72mn on September 23.The main market saw a 22% jump in trade volumes to 217.05mn shares, 22% in value to QR572.05mn and 3% in deals to 24,303.In the venture market, a total of 0.23mn equities valued at QR0.6mn changed hands across 18 transactions.

The transport and banking counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.42% to 11,174.88 points, although it touched an intraday high of 11,234 points.
Business

QSE enters third day of bearish run as local retail investors, funds weigh; M-cap erodes QR5.23bn

Market EyeThe bearish spell continued for the third straight session in the Qatar Stock Exchange (QSE) Tuesday with its key index losing 47 points and capitalisation eroding more than QR5bn, reflecting the concerns over future rate cuts by the US Federal Reserve, which signalled a measured approach to further easing.The transport and banking counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.42% to 11,174.88 points, although it touched an intraday high of 11,234 points.As much as 51% of the traded constituents were in the red in the main market, whose year-to-date gains truncated further to 5.71%.The Arab individuals turned net profit takers in the main bourse, whose capitalisation eroded QR5.23bn or 0.78% to QR669.05bn; mainly on large and midcap segments.The local retail investors were also seen net sellers in the main market, which saw as many as 8,352 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.02mn trade across three deals.The domestic institutions were seen bearish in the main bourse, whose trade turnover grew amidst lower volumes.The Islamic index made gains vis-a-vis declines in the other indices of the main market, which saw no trading of treasury bills.The foreign funds continued to be net sellers but with lesser vigour in the main bourse, which saw as many as 0.21mn sovereign bonds valued at QR2.12bn change hands across four deals.The Total Return Index shed 0.42% and the All Share Index by 0.65%, while the All Islamic Index was up 0.1% in the main market.The transport sector index tanked 1.06%, banks and financial services (1.05%), insurance (0.26%), industrials (0.14%) and real estate (0.14%); whereas consumer goods and services gained 0.68% and telecom 0.08%.As many as 21 stocks gained, while 26 declined and four were unchanged.Major losers in the main market included QNB, Baladna, Al Faleh Educational Holding, Nakilat, Dukhan bank, Industries Qatar and Milaha.In the junior bourse, Techno Q saw its shares depreciate in value.Nevertheless, Medicare Group, Qatar Islamic Bank, Qatar German Medical Devices, Al Meera, Inma Holding, Al Mahhar Holding, Estithmar Holding and Qamco were among the movers in the main market.The Arab individuals turned net sellers to the tune of QR5.72mn against net buyers of QR1.33mn the previous day.The local retail investors were net sellers to the extent of QR5.02mn compared with net buyers of QR24.36mn on Monday.The domestic institutions turned net profit takers to the tune of QR2.24mn against net buyers of QR7.57mn on September 22.However, the Gulf funds were net buyers to the extent of QR12.47mn compared with net sellers of QR9.42mn the previous day.The foreign retail investors turned net buyers to the tune of QR4.7mn against net profit takers of QR0.75mn on Monday.The Gulf individual investors’ net buying increased marginally to QR1.31mn compared to QR1.2mn on September 22.The Arab institutions’ net buying was rather flat at QR0.05mn.The foreign institutions’ net profit booking weakened substantially to QR5.55mn against QR24.35mn the previous day.The main market saw a 14% shrinkage in trade volumes to 177.43mn shares but on 2% jump in value to QR468.27mn and 2% in deals to 23,671.In the venture market, a total of 0.08mn equities valued at QR0.2mn changed hands across 26 transactions.

The industrials and transport counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed about 45 points or 0.4% to 11,222.06 points, although it touched an intraday high of 11,285 points
Business

QSE remains bearish for second day, dragged by foreign and Gulf funds; M-cap melts QR1.05bn

Market EyeProfit booking, especially from the foreign and Gulf funds, on Monday extended the bearish run in the Qatar Stock Exchange (QSE) for the second straight session.The industrials and transport counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed about 45 points or 0.4% to 11,222.06 points, although it touched an intraday high of 11,285 points.About 58% of the traded constituents were in the red in the main market, whose year-to-date gains truncated to 6.16%.The foreign individuals continued to be net sellers but with lesser intensity in the main bourse, whose capitalisation melted QR1.05bn or 0.16% to QR674.28bn; mainly on micro and small cap segments.The local retail investors were seen net buyers in the main market, which saw as many as 1,164 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR9,729 trade across six deals.The domestic funds were seen bullish in the main bourse, whose trade turnover and volumes were on the increase.The Islamic index was seen declining faster than the main barometer of the main market, which saw no trading of treasury bills.The Arab individual investors turned net buyers in the main bourse, which saw no trading of sovereign bonds.The Total Return Index shed 0.4%, the All Share Index by 0.23% and the All Islamic Index by 0.51% in the main market.The industrials sector index shrank 0.88%, transport (0.44%), real estate (0.34%) and banks and financial services (0.08%); while consumer goods and services gained 0.27%, telecom (0.16%) and insurance (0.14%).As many as 20 stocks gained, while 30 declined and two were unchanged.Major losers in the main market included QLM, Doha Bank, Industries Qatar, Widam Food, Qatar Islamic Bank, Qamco, Barwa, United Development Company and Nakilat.Nevertheless, Al Faleh Educational Holding, Baladna, Qatar Oman Investment, Medicare Group, Qatar General Insurance and Reinsurance, Mesaieed Petrochemical Holding, Ezdan and Vodafone Qatar were among the gainers in the main bourse. In the venture market, Techno Q saw its shares appreciate in value.The foreign institutions turned net sellers to the tune of QR24.35mn compared with net buyers of QR9.02mn on September 21.The Gulf institutions were net profit takers to the extent of QR9.42mn against net buyers of QR9.83mn the previous day.However, the local retail investors turned net buyers to the tune of QR24.36mn compared with net sellers of QR5.85mn on Sunday.The domestic funds were net buyers to the extent of QR7.57mn against net profit takers of QR5.5mn on September 21.The Arab retail investors turned net buyers to the tune of QR1.33mn compared with net sellers of QR6.17mn the previous day.The Gulf individual investors’ net buying increased noticeably to QR1.2mn against QR0.16mn on Sunday.The Arab institutions’ net buying was rather flat at QR0.05mn.The foreign retail investors’ net profit booking eased markedly to QR0.75mn compared to QR1.53mn on September 21.The main market saw 41% surge in trade volumes to 207.48mn shares, 12% in value to QR460.77mn and 15% in deals to 23,041.In the venture market, a total of 0.04mn equities valued at QR0.1mn changed hands across 13 transactions.

The banking counter witnessed higher than average selling pressure as the 20-stock Qatar Index lost 0.36% to 11,266.82 points, although it touched an intraday high of 11,312 points
Business

QSE ends three days of bull-run as index loses 41 points; M-cap melts QR1.28bn

Market EyeEnding three consecutive days of bull-run, the Qatar Stock Exchange (QSE) Sunday opened the week weak with its key index losing more than 41 points and capitalisation melting in excess of QR1bn.The banking counter witnessed higher than average selling pressure as the 20-stock Qatar Index lost 0.36% to 11,266.82 points, although it touched an intraday high of 11,312 points.About 56% of the traded constituents were in the red in the main market, whose year-to-date gains truncated to 6.58%.The foreign institutions’ weakened net buying had its influence on the main bourse, whose capitalisation melted QR1.28bn or 0.19% to QR675.33bn; mainly on small cap segments.The Arab funds’ marginally lower net buying had its impact on the main market, which saw as many as 0.01mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.05mn trade across 10 deals.The Arab individuals were increasingly net profit takers in the main bourse, whose trade turnover and volumes were on the decline.The Islamic index was seen declining slower than the main barometer of the main market, which saw no trading of treasury bills.The domestic institutions continued to be net sellers but with lesser intensity in the main bourse, which saw no trading of sovereign bonds.The Total Return Index shed 0.36%, the All Share Index by 0.28% and the All Islamic Index by 0.31% in the main market.The banks and financial services sector index declined 0.51%, industrials (0.23%), consumer goods and services (0.12%) and real estate (0.1%); while telecom gained 0.78%, insurance (0.2%) and transport (0.18%).As many as 15 stocks gained, while 29 declined and eight were unchanged.Major losers in the main market included Qatar Islamic Bank, Widam Food, Qamco, Dukhan Bank, Gulf International Services, Al Faleh Educational Holding and Estithmar Holding. In the junior bourse, Techno Q saw its shares depreciate in value.Nevertheless, Meeza, Baladna, Medicare Group, QLM, QIIB, Al Mahhar Holding, Beema, Ooredoo, Vodafone Qatar and Milaha were among the movers in the main market.The Arab individual investors’ net profit booking increased noticeably to QR6.17mn against QR1.48mn last Thursday.The foreign institutions’ net buying decreased substantially to QR9.02mn compared to QR231.95mn on September 18.The Arab institutions’ net buying weakened marginally to QR0.05mn against QR0.06mn the previous trading day.However, the Gulf institutions turned net buyers to the extent of QR9.83mn compared with net sellers of QR4.42mn last Thursday.The Gulf individual investors were net buyers to the tune of QR0.16mn against net sellers of QR1.98mn on September 18.The domestic funds’ net selling shrank drastically to QR5.5mn compared to QR129.16mn the previous trading day.The local individual investors’ net selling weakened considerably to QR5.85mn against QR91.58mn last Thursday.The foreign retail investors’ net profit booking eased markedly to QR1.53mn compared to QR3.38mn on September 18.The main market saw 51% plunge in trade volumes to 147.65mn shares, 62% in value to QR412.21mn and 17% in deals to 19,963.In the venture market, a total of 0.04mn equities valued at QR0.1mn changed hands across 22 transactions.

The foreign funds were seen bullish as the 20-stock Qatar Index gained as much as 215 points and capitalisation add in excess of QR14bn in the week.
Business

QSE snaps four-week bearish spell as US rate cut boosts sentiments; M-cap adds QR14.02bn

Market EyeOil price strength and the 25-basis-points rate cut by the US Federal Reserve with the concomitant decision by the Qatar Central Bank had their reflection in the Qatar Stock Exchange, which closed the week on a higher note, ending four straight weeks of bearish run.The foreign funds were seen bullish as the 20-stock Qatar Index gained as much as 215 points and capitalisation add in excess of QR14bn this week which saw Gulf Warehousing Company acquire a 16.15% equity stake in Germany's ANCLA Logistik for a total consideration of €8.2mn.The Arab retail investors were seen bullish in the main market this week which saw Commercial Bank issue a $600mn five-year senior unsecured bond under its Euro Medium Term Note programme.The Arab funds were increasingly net buyers in the main bourse this week which saw international credit rating agency Fitch assign AlRayan Bank a long-term issuer default rating of 'A' with a "stable" outlook.As much as 74% of the traded constituents extended gains to investors in the main market this week which saw Lesha Bank invest about QR182mn in a private equity global secondaries fund, in partnership with leading investment manager.The Gulf institutions were increasingly net buyers in the main bourse this week which saw a total of 0.06mn AlRayan Bank-sponsored exchange traded fund QATR worth QR0.14mn trade across 25 deals.However, the domestic funds turned net sellers in the main market this week which saw 0.01mn Doha Bank-sponsored exchange-traded fund QETF valued at QR0.16mn change hands across 26 transactions.The Islamic index was seen gaining slower than the other indices of the main market this week, which saw no trading of sovereign bonds.Market capitalisation zoomed QR14.02bn or 2.12% to QR676.61bn on the back of large and midcap segments this week which saw no trading of treasury bills.Trade turnover and volumes were on the increase in the main market; while it was on the decline in the venture market this week which saw the consumer goods, industrials and realty sectors together constitute more than 79% of the total trade volumes.The Total Return Index soared 1.94%, the All Share Index by 2.08% and the All Islamic Index by 1.29% this week which featured a Fitch study that said Qatar lenders have so far this year raised $8bn and focused on senior unsecured debt issuance.The banks and financial services sector index shot up 3.29%, consumer goods and services (1.88%), insurance (1.13%), industrials (0.92%), realty (0.61%) and transport (0.24%); whereas telecom shrank 1.64% this week which saw NEXX, a logistics artificial intelligence company, in association with Zipto Supply Chain, a leading Chinese cross-border E-commerce logistics provider, establish an advanced smart fulfillment center at Milaha Logistics City, Qatar.The market was skewed towards movers with as many 39 constituents extending gains, while 14 declined this week which saw KPMG in Qatar's view that Doha's national manufacturing strategy, which reinforces broader diversification by targeting high-value industries, will not only have ripple effect beyond industries but also slated to drive growth in infrastructure and realty sectors.Major movers in the main market included Estithmar Holding, Baladna, Qamco, Dukhan Bank, Qatar Islamic Bank, QNB, Commercial Bank, Doha Bank, AlRayan Bank, Qatar German Medical Devices, Medicare Group, Widam Food, Al Mahhar Holding, Al Faleh Educational Holding, Gulf International Services, Qamco, Ezdan and Mazaya Qatar.Nevertheless, Qatar General Insurance and Reinsurance, QIIB, Ahlibank Qatar, Ooredoo, Vodafone Qatar and QLM were among the losers in the main bourse.In the venture market, Techno Q saw its shares depreciate in value this week.The foreign institutions turned net buyers to the tune of QR260.96mn compared with net sellers of QR53.29mn the previous week.The Gulf institutions’ net buying increased marginally to QR9.11mn against QR9.09mn the week ended September 11.The Arab individuals were net buyers to the extent of QR3.72mn compared with net sellers of QR21.79mn a week ago.The Arab institutions’ net buying strengthened marginally to QR0.17mn against QR0.1mn the previous week.However, the domestic funds turned net sellers to the tune of QR159.27mn compared with net buyers of QR10.99mn the week ended September 11.The Qatari individual investors were net profit takers to the extent of QR101.56mn against net buyers of QR53.63mn a week ago.The foreign retail investors’ net selling expanded noticeably to QR8.39mn compared to QR0.33mn the previous week.The Gulf individuals turned net sellers to the tune of QR4.73mn against net buyers of QR1.6mn the week ended September 11.The main market saw a 95% surge in trade volumes to 1.05bn shares, 80% in value to QR2.91bn and 23% in deals to 121,622 this week.In the venture market, trade volumes shrank 15% to 2.31mn equities, value by 18% to QR5.94mn and transactions by 39% to 295.