The Qatar Stock Exchange Wednesday gained more than 74 points on the back of strong buying interests, especially in the transport, industrials, insurance and real estate sectors.

Gulf Times


The Arab individual investors were seen net buyers as the 20-stock Qatar Index rose 0.74% to 10,140.67 points.
The Gulf institutions’ substantially weakened net selling had its great influence in the main market, whose year-to-date losses truncated to 5.06%.
As much as 74% of the traded constituents extended gains in the main bourse, whose capitalisation added QR3.96bn or 0.67% to QR597.64bn with small and midcap segments gaining the most.
The domestic institutions continued to be net buyers but with lesser intensity in the main market, which had touched an intraday high of 10,175 points.
The local retail investors turned net sellers in the main bourse, which saw a total of 0.07mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.37mn changed hands across 19 deals.
The foreign institutions were net profit takers in the main market, which saw no trading of sovereign bonds.
The Islamic index was seen gaining slower than the other indices in the main market, which saw no trading of treasury bills.
The Total Return Index rose 0.74%, All Share Index by 0.72% and Al Rayan Islamic Index (Price) by 0.62% in the main bourse, whose trade turnover and volumes were on the rise.
The transport sector index shot up 2.43%, industrials (1.98%), insurance (1.5%), realty (1.43%) and banks and financial services (0.15%); while telecom declined 1.35% and consumer goods and services 0.35%.
Major movers in the main market included Qatar Oman Investment, Dlala, Al Khaleej Takaful, Inma Holding, Lesha Bank, Qatari German Medical Devices, Meeza, Mannai Corporation, Industries Qatar, Gulf International Services, Qatar National Cement, Mesaieed Petrochemical Holding, Barwa and Nakilat. In the venture market, Mahhar Holding saw its shares appreciate in value.
Nevertheless, Ooredoo, Dukhan Bank, Qatar Electricity and Water, Woqod and Masraf Al Rayan were among the shakers in the main bourse.
The Arab retail investors turned net buyers to the tune of QR9.59mn compared with net sellers of QR0.11mn on September 5.
The Gulf institutions’ net profit booking decreased significantly to QR4.54mn against QR47.3mn the previous day.
However, the local individuals were net sellers to the extent of QR11.79mn compared with net buyers of QR26.49mn on Tuesday.
The foreign institutions turned net sellers to the tune of QR2.01mn against net buyers of QR3.73mn on September 5.
The foreign individuals were net sellers to the extent of QR0.59mn compared with net buyers of QR1.6mn the previous day.
The Gulf retail investors turned net profit takers to the tune of QR0.13mn against net buyers of QR2.61mn on Tuesday.
The domestic institutions’ net buying weakened noticeably to QR9.47mn compared to QR12.98mn on September 5.
The Arab institutions continued to have no major net exposure for the sixth consecutive session.
Trade volumes in the main market rose 9% to 255.8mn shares, value by 15% to QR604.67mn and deals by 30% to 24,613.
The venture market saw a 37% plunge in trade volumes to 0.59mn equities, 36% in value to QR1.27mn and 29% in transactions to 122.
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