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Strong expectations of the US-Iran peace deal Sunday gave a substantial lift to the Qatar Stock Exchange (QSE), leading its key index surge 327 points and capitalisation add QR20bn.An across the board buying lifted the 20-stock Qatar Index 3.15% to 10,706.7 points, although it opened at a low of 10,381 points. The market narrowed its year-to-date losses to mere 0.52%.About 91% of the traded constituents extended gains to investors in the main bourse, whose capitalisation added QR19.74bn or 3.18% to QR640.49bn, mainly owing to large and midcap segments.The transport, real estate, banking and industrials counters witnessed higher than average demand in the main market, whose trade turnover and volumes were on the rise.The domestic institutions were seen net buyers in the main bourse, which saw as many as 0.1mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.27mn trade across 44 deals.The Gulf retail investors turned bullish in the main market, which saw no trading of sovereign bonds.The Islamic index was seen gaining slower than the other indices of the main bourse, which saw no trading of sovereign sukuks.The Total Return Index shot up 3.15%, the All Share Index by 3.1% and the Al Rayan Islamic Index by 3.01% in the main bourse, which saw no trading of treasury bills.The transport sector index surged 4.13%, realty (3.58%), banks and financial services (3.55%), industrials (3.38%), consumer goods and services (0.97%) and insurance (0.67%).As many as 49 gained, while only two declined and three were unchanged in the main market.Major movers in the main market included Mesaieed Petrochemical Holding, Qatar Cinema and Film Distribution, Barwa, Milaha, QNB, Qatar Islamic Bank, Doha Bank, Baladna, Industries Qatar, Gulf International Services, Qamco, Ezdan and Nakilat. In the juniour bourse, Techno Q saw its shares appreciate in value.Nevertheless, Al Mahhar Holding and Qatar Islamic Insurance were the two lone shakers in the main market.The foreign institutions turned net buyers to the tune of QR57.97mn against net sellers of QR18.6mn last Thursday.The domestic institutions were net buyers to the extent of QR26.68mn compared with net sellers of QR8.2mn on May 21.The Gulf individuals turned net buyers to the tune of QR1.64mn against net profit takers of QR0.06mn the previous trading day.However, the local retail investors were net sellers to the extent of QR57.36mn compared with net buyers of QR21.04mn last Thursday.The Arab individual investors’ net profit booking grew substantially to QR21.6mn against QR0.75mn on May 21.The foreign individuals turned net sellers to the tune of QR7.9mn compared with net buyers of QR5.52mn the previous trading day.The Gulf institutions’ net buying weakened marginally to QR0.58mn against QR1.06mn last Thursday.The Arab institutions had no major net exposure for the third straight session.The main market saw 73% surge in trade volumes to 221.86mn shares, 45% in value to QR533.42mn and 21% in deals to 25,889.In the venture market, a total of 0.13mn equities valued at QR0.28mn changed hands across 30 transactions. 

Market EyeReflecting the fading rate cut hopes in the US; the Qatar Stock Exchange (QSE) Sunday saw as much as 83% of the constituents end in the red, resulting in more than 111 points plunge in the key index and more than QR6bn erosion in capitalisation.The Gulf institutions were seen net profit takers as the 20-stock Qatar Index shed 1.01% to 10,846.84 points, although it touched an intraday high of 10,955 points.The local individuals’ weakened net buying had its influence on the main market, whose year-to-date gains truncated to 2.61%.The foreign funds continued to be net sellers but with lesser intensity in the main bourse, whose capitalisation melted QR6.37bn or 0.97% to QR649.46n, mainly on large and midcap segments.The domestic institutions were seen net buyers in the main market, which saw as many as 0.03mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.08mn trade across 27 deals.The Gulf retail investors were increasingly bullish in the main bourse, whose trade turnover and volumes were on the decline.The Islamic index was seen declining faster than the other indices of the main market, which saw no trading of treasury bills.The foreign individuals were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.The Total Return Index shed 1.01%, the All Share Index by 0.87% and the All Islamic Index by 1.28% in the main market.The telecom sector index plummeted 2.91%, industrials (1.56%), transport (1.48%), real estate (0.98%), consumer goods and services (0.61%) and banks and financial services (0.43%); while insurance gained 0.64%.As many as 44 stocks declined, while only five gained and four were unchanged.Major shakers in the main market include Vodafone Qatar, Ooredoo, Qatar Oman Investment, Industries Qatar, Baladna, Qatar Islamic Insurance, Meeza, Al Faleh Educational Holding, Gulf International Services, Qamco, Barwa, Milaha, Gulf Warehousing and Nakilat.Nevertheless, Qatar Insurance, Commercial Bank, Ahlibank Qatar, Inma Holding and Al Khaleej Takaful were among the movers in the main bourse.The Gulf institutions turned net sellers to the tune of QR4.25mn compared with net buyers of QR19.25mn the previous trading day.The local individual investors’ net buying declined substantially to QR20.98mn against QR40.82mn on November 13.However, the domestic institutions were net buyers to the extent of QR12.64mn compared with net sellers of QR16mn on Sunday.The Gulf retail investors’ net buying strengthened noticeably to QR4.39mn against QR2.4mn the previous trading day.The Arab individual investors’ net buying expanded perceptibly to QR2.38mn compared to QR1.77mn on November 13.The foreign retail investors’ net buying rose markedly to QR1.36mn against QR0.65mn on Sunday.The Arab funds were seen net buyers to the tune of QR0.83mn compared with no major net exposure the previous trading day.The foreign institutions’ net selling weakened significantly to QR38.31mn against QR48.99mn on November 13.The main market saw 33% contraction in trade volumes to 82.94mn shares, 42% in value to QR218.64mn and 33% in deals to 14,485.In the venture market, a total of 0.01mn equities valued at QR0.02mn changed hands across six transactions.