The Arab and local retail investors on Monday turned bullish and there was increased net buying support from the Gulf funds in the Qatar Stock Exchange which otherwise was in the negative trajectory.
The weakened net selling from foreign individuals and the Arab funds notwithstanding, the 20-stock Qatar Index declined 66 points or 0.63% to 10,374.4 points, having touched an intraday high of 10,441 points.
The banking counter witnessed higher than average profit booking in the bourse, which was down 0.59% year-to-date.
The Islamic index was seen declining slower than the other indices in the market whose capitalisation saw more than QR2bn or 0.41% decrease to QR604.7bn, mainly owing to mid and microcap segments.
More than 60% of the traded constituents were in the red in the bourse, where the industrials and consumer goods and services sectors together accounted for about 82% of the total trading volume.
A total of 32,000 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR278,713 changed hands across four deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index shrank 0.63% to 20,528.66 points, All Share Index by 0.44% to 3,305.54 points and Al Rayan Islamic Index (Price) by 0.23% to 2,393.68 points.
The banks and financial services index tanked 0.71%, real estate (0.45%), consumer goods and services (0.39%), insurance (0.25%), transport (0.24%) and industrials (0.12%); while telecom gained 1.36%.
Major losers included Mannai Corporation, Commercial Bank, QLM, Ezdan, Qatar Islamic Bank, QIIB, Woqod, Milaha and Gulf Warehousing; even as Salam International Investment, Vodafone Qatar, Investment Holding Group, Baladna, Qatari Investors Group, Dlala and Qatar Oman Investment were among the gainers.
The foreign funds’ net selling increased considerably to QR15.52mn compared to QR7.26mn on April 4.
The Gulf individuals’ net profit booking grew substantially to QR7.07mn against QR0.79mn the previous day.
The domestic funds turned net sellers to the tune of QR4.51mn compared with net buyers of QR24.97mn on Sunday.
However, the Arab individuals were net buyers to the extent of QR14.6mn against net sellers of QR13.02mn on April 4.
The Gulf institutions’ net buying expanded marginally to QR11.73mn compared to QR10.45mn the previous day.
Local retail investors turned net buyers to the tune of QR1.33mn against net sellers of QR9.52mn on Sunday.
The foreign individuals’ net selling declined perceptibly to QR0.51mn compared to QR4.38mn on April 4.
The Arab funds’ net profit booking eased notably to QR0.04mn against QR0.41mn the previous day.
Total trade volume grew 63% to 405.18mn shares, value by 50% to QR512.2mn and transactions by 46% to 8,894.
The consumer goods and services sector’s trade volume almost tripled to 173.92mn equities, value soared 85% to QR188.21mn and transactions by 77% to 3,319.
The telecom sector’s trade volume more than doubled to 26.66mn stocks, value shot up 87% to QR49.93mn and deals by 9% to 556.
The banks and financial services sector saw 73% surge in trade volume to 26.1mn shares, 42% in value to QR62.66mn and 71% in transactions to 1,410.
The insurance sector’s trade volume shot up 63% to 5.11mn equities, value by 80% to QR22.76mn and deals by 21% to 381.
The market witnessed 51% expansion in the real estate sector’s trade volume to 13.85mn stocks, 62% in value to QR21.68mn and 37% in transactions to 587.
The transport sector’s trade volume gained 26% to 1.72mn shares, value by 36% to QR6.47mn and deals by 1% to 157.
There was 8% jump in the industrials sector’s trade volume to 157.82mn equities, 16% in value to QR160.49mn and 27% in transactions to 2,484.
The weakened net selling from foreign individuals and the Arab funds notwithstanding, the 20-stock Qatar Index declined 66 points or 0.63% to 10,374.4 points, having touched an intraday high of 10,441 points.
The banking counter witnessed higher than average profit booking in the bourse, which was down 0.59% year-to-date.
The Islamic index was seen declining slower than the other indices in the market whose capitalisation saw more than QR2bn or 0.41% decrease to QR604.7bn, mainly owing to mid and microcap segments.
More than 60% of the traded constituents were in the red in the bourse, where the industrials and consumer goods and services sectors together accounted for about 82% of the total trading volume.
A total of 32,000 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR278,713 changed hands across four deals; while in the debt market, there was no trading of sovereign bonds and treasury bills.
The Total Return Index shrank 0.63% to 20,528.66 points, All Share Index by 0.44% to 3,305.54 points and Al Rayan Islamic Index (Price) by 0.23% to 2,393.68 points.
The banks and financial services index tanked 0.71%, real estate (0.45%), consumer goods and services (0.39%), insurance (0.25%), transport (0.24%) and industrials (0.12%); while telecom gained 1.36%.
Major losers included Mannai Corporation, Commercial Bank, QLM, Ezdan, Qatar Islamic Bank, QIIB, Woqod, Milaha and Gulf Warehousing; even as Salam International Investment, Vodafone Qatar, Investment Holding Group, Baladna, Qatari Investors Group, Dlala and Qatar Oman Investment were among the gainers.
The foreign funds’ net selling increased considerably to QR15.52mn compared to QR7.26mn on April 4.
The Gulf individuals’ net profit booking grew substantially to QR7.07mn against QR0.79mn the previous day.
The domestic funds turned net sellers to the tune of QR4.51mn compared with net buyers of QR24.97mn on Sunday.
However, the Arab individuals were net buyers to the extent of QR14.6mn against net sellers of QR13.02mn on April 4.
The Gulf institutions’ net buying expanded marginally to QR11.73mn compared to QR10.45mn the previous day.
Local retail investors turned net buyers to the tune of QR1.33mn against net sellers of QR9.52mn on Sunday.
The foreign individuals’ net selling declined perceptibly to QR0.51mn compared to QR4.38mn on April 4.
The Arab funds’ net profit booking eased notably to QR0.04mn against QR0.41mn the previous day.
Total trade volume grew 63% to 405.18mn shares, value by 50% to QR512.2mn and transactions by 46% to 8,894.
The consumer goods and services sector’s trade volume almost tripled to 173.92mn equities, value soared 85% to QR188.21mn and transactions by 77% to 3,319.
The telecom sector’s trade volume more than doubled to 26.66mn stocks, value shot up 87% to QR49.93mn and deals by 9% to 556.
The banks and financial services sector saw 73% surge in trade volume to 26.1mn shares, 42% in value to QR62.66mn and 71% in transactions to 1,410.
The insurance sector’s trade volume shot up 63% to 5.11mn equities, value by 80% to QR22.76mn and deals by 21% to 381.
The market witnessed 51% expansion in the real estate sector’s trade volume to 13.85mn stocks, 62% in value to QR21.68mn and 37% in transactions to 587.
The transport sector’s trade volume gained 26% to 1.72mn shares, value by 36% to QR6.47mn and deals by 1% to 157.
There was 8% jump in the industrials sector’s trade volume to 157.82mn equities, 16% in value to QR160.49mn and 27% in transactions to 2,484.
