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Risk aversion across regional markets in view of escalating geopolitical turmoil Monday led Qatar Stock Exchange (QSE) plunge as much as 128 points, eroding capitalisation in excess of QR7bn.The telecom and industrials counters witnessed higher than average selling pressure as the 20-stock Qatar Index plummeted 1.22% to 10,333.32 points, although it touched an intraday high of 10,457 points.The foreign institutions were seen increasingly net profit takers in the main market, whose year-to-date losses widened further to 3.99%.About 51% of the traded constituents were in the red in the main bourse, whose capitalisation eroded QR7.02bn or 1.14% to QR610.86bn mainly on account of midcap segments.The Gulf individuals turned net sellers in the main market, whose trade turnover grew amidst lower volumes.However, the local retail investors were increasingly net buyers in the main bourse, which saw as many 0.02mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.12mn trade across 19 deals.The domestic funds were also increasingly bullish in the main market, which saw a total of 0.11mn sovereign bonds valued at QR1.13bn change hands across one transaction.The Islamic index was seen gaining faster than the other indices of the main bourse, which saw no trading of treasury bills.The Total Return Index rose 0.95%, the All Share Index by 0.93% and the Al Rayan Islamic Index by 1.35% in the main bourse.The telecom sector index tanked 1.43%, industrials (1.34%), banks and financial services (1.08%) and consumer goods and services (0.4%); while transport gained 0.18%, insurance (0.18%) and real estate (0.17%).As many as 27 declined, while 21 gained and five were unchanged in the main market.Major losers in the main market included AlRayan Bank, Medicare Group, QNB, Industries Qatar, Ooredoo, Qatar Islamic Bank, Qatar German Medical Devices, Widam Food, Qatari Investors Group, Qamco and United Development Company. In the juniour bourse, Techno Q saw its shares depreciate in value.Nevertheless, Mekdam Holding, Gulf International Services, Ahlibank Qatar, Beema, Ezdan and Commercial Bank were among the gainers in the main market.The foreign institutions’ net selling increased substantially to QR55.79mn against QR22.13mn on March 15.The Gulf individuals turned net sellers to the tune of QR2.29mn compared with net buyers of QR1.73mn on Sunday.However, the local retail investors’ net buying expanded drastically to QR34.24mn against QR0.06mn the previous day.The domestic institutions’ net buying rose marginally to QR23.26mn compared to QR23.13mn on March 15.The Arab individual investors’ net buying strengthened noticeably to QR5.27mn against QR2.47mn on Sunday.The foreign retail investors’ net buying was up marginally to QR0.86mn compared to QR0.54mn the previous day.The Gulf funds’ net profit booking weakened perceptibly to QR5.56mn against QR6.01mn on March 15.The Arab institutions had no major net exposure compared with net buyers to the extent of QR0.21mn on Sunday.The main market saw an 8% contraction in trade volumes at 128.26mn shares but on 12% jump in value to QR371.73mn and 74% in deals to 32,579.In the venture market, a total of 0.04mn equities valued at QR0.08mn changed hands across 11 transactions. 

Market EyeMirroring the positive global trends due to strengthening optimism on the US rate cut in December, the Qatar Stock Exchange Sunday gained more than 45 points on the buying support of Gulf institutions. The telecom and banking counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.43% to 10,653.13 points, recovering from an intraday low of 10,618 points.The local retail investors continued to be net buyers but with lesser vigour in the main market, whose year-to-date gains improved to 0.78%. The domestic institutions also continued to be net buyers but with lesser intensity in the main bourse, whose capitalisation added QR2.87bn or 0.45% to QR636.61bn, mainly on midcap segments.The foreign institutions were seen net profit takers in the main market, which saw as many as 801 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR1,839 trade across 13 deals. The foreign individuals turned bearish in the main bourse, whose trade turnover and volumes were on the decline.The Islamic index was seen gaining slower than the other indices of the main market, which saw no trading of treasury bills. The Arab individuals were seen net sellers in the main bourse, which saw no trading of sovereign bonds. The Total Return Index rose 0.43%, the All Share Index by 0.4% and the All Islamic Index by 0.36% in the main market.The telecom sector index shot up 2.11%, banks and financial services (0.64%) and industrials (0.15%); while transport declined 0.71%, consumer goods and services (0.35%), real estate (0.19%) and insurance (0.15%). As many as 17 stocks gained, while 34 declined and two were unchanged.Major gainers in the main market include Ooredoo, Doha Insurance, Lesha Bank, QNB, Qatar Islamic Bank and Industries Qatar. Nevertheless, more than 64% of the traded constituents were in the red with major losers being Widam Food, Dlala, Baladna, Qatar German Medical Devices, Mannai Corporation, Meeza, Gulf International Services, Estithmar Holding, Qatar General Insurance and Reinsurance, QLM, Vodafone Qatar, Gulf Warehousing and Nakilat.In the venture market, Techno Q saw its shares depreciate in value. The Gulf institutions turned net buyers to the tune of QR5.35mn compared with net sellers of QR1.75bn the previous day. However, the foreign funds turned net sellers to the extent of QR3.78mn against net buyers of QR1.45bn last Thursday.The Arab individuals were net sellers to the tune of QR6.43mn compared with net buyers of QR9.5mn on November 20. The foreign retail investors turned net profit takers to the extent of QR5.25mn against net buyers of QR1.86mn the previous day. The local retail investors’ net buying decreased substantially to QR4.88mn compared to QR143.08mn last Thursday.The domestic institutions’ net buying weakened significantly to QR4.4mn against QR142.35mn on November 20. The Gulf individual investors’ net buying eased perceptibly to QR0.84mn compared to QR1.39mn the previous day.The Arab funds had no major net exposure for the fifth straight session. The main market saw a 68% contraction in trade volumes to 95.79mn shares, 90% in value to QR258.82mn and 55% in deals to 14,730. In the venture market, a total of 0.03mn equities valued at QR0.06mn changed hands across six transactions.

Market EyeThe Qatar Stock Exchange was back in the negative terrain with its key index plummeting more than 143 points on an across the board selling pressure. The Gulf institutions were seen increasingly net profit takers as the 20-stock Qatar Index tanked 1.33% to 10,607.96 points, although it touched an intraday high of 10,750 points.The telecom and industrials counters witnessed higher than average selling pressure in the main market, whose year-to-date gains truncated to 0.35%. About 83% of the traded constituents were in the red in the main bourse, whose capitalisation eroded QR9.03bn or 1.4% to QR633.74bn, mainly on large and midcap segments.However, the foreign institutions were increasingly bullish in the main market, which saw as many as 0.02mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.07mn trade across 23 deals. Both local retail investors and domestic funds were also increasingly net buyers in the main bourse, whose trade turnover and volumes were on the rise.The Islamic index was seen declining faster than the other indices of the main market, which saw no trading of treasury bills. The Arab individuals were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds. The Total Return Index shed 1.33%, the All Share Index by 1.25% and the All Islamic Index by 1.49% in the main market.The telecom sector index plunged 4.66%, industrials (1.77%), banks and financial services (0.97%), consumer goods and services (0.77%), transport (0.59%), insurance (0.42%) and real estate (0.3%). As many as eight stocks gained, while 43 declined and one was unchanged.Major shakers in the main market include Ooredoo, Gulf Warehousing, QLM, Inma Holding, Widam Food, Doha Bank, Qatar Islamic Bank, QNB, Qatar Oman Investment, Mannai Corporation, Baladna, Industries Qatar, Gulf International Services, Mesaieed Petrochemical Holding, Estithmar Holding, Qamco and Vodafone Qatar. In the juniour bourse, Techno Q saw its shares depreciate in value. Nevertheless, Qatar General Insurance and Reinsurance, Dukhan Bank, Dlala, Beema and Nakilat were among the movers in the main market.The Gulf institutions’ net profit booking expanded significantly to QR1.75bn compared to QR7.86mn the previous day. However, the foreign funds turned net buyers to the tune of QR1.45bn against net sellers of QR17.68mn on Wednesday. The local retail investors’ net buying increased considerably to QR143.08mn compared to QR12.31mn on November 19.The domestic institutions’ net buying strengthened substantially to QR142.35mn against QR14.02mn the previous day. The Arab individual investors’ net buying grew noticeably to QR9.5mn compared to QR4.93mn on Wednesday. The foreign retail investors were net buyers to the extent of QR1.86mn against net sellers of QR5.28mn on November 19.The Gulf individuals turned net buyers to the tune of QR1.39mn compared with net profit takers of QR0.43mn the previous day. The Arab funds had no major net exposure for the fourth straight session. The main market saw trade volumes more than double to 298.99mn shares and value jump more than five-fold to QR2.53bn on 17% growth in deals to 33,003. In the venture market, a total of 0.09mn equities valued at QR0.19mn changed hands across 13 transactions.

Market Eye The Qatar Stock Exchange (QSE) Tuesday gained eight points as the telecom, real estate and banking counters witnessed higher than average demand. The foreign funds were seen increasingly net buyers as the 20-stock Qatar Index was up 0.07% to 11,183.57 points, although it touched an intraday high of 11,204 points. The Arab individuals were seen bullish in the main market, whose year-to-date gains improved to 5.79%. The local retail investors turned net buyers in the main bourse, whose capitalisation added QR1bn or 0.15 to QR668.34bn, mainly on microcap segments. The Gulf individuals continued to be net buyers but with lesser intensity in 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 12 deals. The domestic institutions turned net sellers in the main bourse, whose trade turnover and volumes were on the decline. The Islamic index was seen declining vis-à-vis gains in the other indices of the main market, which saw no trading of treasury bills. The Gulf institutions were increasingly into net profit booking in the main bourse, which saw no trading of sovereign bonds. The Total Return Index was up 0.07% and the All Share Index by 0.09%; while the All Islamic Index fell 0.02% in the main market. The telecom sector index gained 0.26%, realty (0.24%), banks and financial services (0.2%) and insurance (0.05%); while consumer goods and services declined 0.63%, transport (0.02%) and industrials (0.01%). Major movers in the main bourse included Qatar Cinema and Film Distribution, Gulf International Services, Qamco, Ezdan, Qatar Insurance, Estithmar Holding and Nakilat. Nevertheless, Qatar General Insurance and Reinsurance, QLM, Ahlibank Qatar, Woqod, Doha Bank, Meeza and Industries Qatar were among the shakers in the main bourse. In the venture market, Techno Q saw its shares depreciate in value. The foreign institutions’ net buying increased noticeably to QR10.76mn compared to QR2.07mn the previous day. The Arab individual investors turned net buyers to the tune of QR3.91mn against net sellers of QR1.76mn on Monday. The local retail investors were net buyers to the extent of QR2.15mn compared with net sellers of QR3.2mn on September 1. However, the domestic funds turned net sellers to the tune of QR10.75mn against net buyers of QR1.21mn the previous day. The Gulf institutions’ net profit booking strengthened markedly to QR6.07mn compared to QR1.26mn on Monday. The foreign retail investors were net sellers to the extent of QR0.41mn against net buyers of QR5.64mn on September 1. The Gulf individual investors’ net buying weakened perceptibly to QR0.4mn compared QR1.45mn the previous day. The Arab institutions had no major net exposure for the second straight session. The main market saw a 19% slump in trade volumes to 85.68mn shares and 6% in value to QR260.95mn but on 1% jump in deals to 14,534. In the venture market, a total of 0.21mn equities valued at QR0.56mn changed hands across 41 transactions.