The foreign and Arab retail investors were seen bullish in the main market, which recovered from an intraday low of 10,257 points.
The domestic funds’ weakened net selling had its influence in the main market, whose year-to-date losses reduced further to 3.51%.
The foreign institutions continued to be net profit takers but with lesser intensity in the main bourse, whose capitalisation added QR1.39bn or 0.23% to QR608.79bn with microcap segments gaining the most.
The local individuals were increasingly net sellers in the main market, which saw a total of 5,867 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.01mn changed hands across five deals.
The Gulf retail investors turned net bearish in the main market, which saw no trading of sovereign bonds.
The Islamic index was seen gaining faster than the other indices in the main market, which saw no trading of treasury bills.
The Total Return Index rose 0.25%, All Share Index by 0.16% and Al Rayan Islamic Index (Price) by 0.29% in the main bourse, whose trade turnover and volumes were on the decline.
The telecom sector index shot up 1.8%, industrials (0.33%), consumer goods and services (0.15%) and banks and financial services (0.03%); while insurance declined 0.69%, real estate (0.1%) and transport (0.01%).
Major gainers in the main market included Mekdam Holding, Ooredoo, Zad Holding, Qatari German Medical Devices, Mannai Corporation and Vodafone Qatar. In the venture market, Mahhar Holding saw its shares appreciate in value.
Nevertheless, Widam Food, Qatar General Insurance and Reinsurance, Inma Holding, Qatar Islamic Insurance, Dlala and Mazaya Qatar were among the losers in the main market. In the juniour bourse, Al Faleh Educational Holding saw its shares depreciate in value.
The Gulf institutions’ net buying strengthened noticeably to QR30.34mn compared to QR27.88mn on July 17.
The foreign individuals turned net buyers to the tune of QR0.74mn against net sellers of QR0.93mn the previous day.
The Arab retail investors were net buyers to the extent of QR0.43mn compared with net sellers of QR1.49mn on Monday.
The domestic institutions’ net selling declined considerably to QR15.95mn against QR46.53mn on July 17.
However, the local retail investors’ net selling rose significantly to QR22.39mn compared to QR12.68mn the previous day.
The Gulf individuals turned net sellers to the extent of QR0.62mn against net buyers of QR0.03mn on Monday.
The foreign institutions’ net buying decreased substantially to QR7.46mn compared to QR33.88mn on July 17.
The Arab institutions had no major net exposure against net profit takers to the tune of QR0.14mn the previous day.
The main market saw a 29% decline in trade volumes to 90.89mn shares, 30% in value to QR288.75mn and 22% in deals to 13,884.
In the venture market, trade volumes were up 3% to 0.77mn equities, value by 3% to QR1.62mn and transactions by 12% to 161.
