Stronger buying support from domestic and foreign institutions on Tuesday lifted the Qatar Stock Exchange (QSE) by 12 points, even as its capitalisation was on the decline.

Gulf Times


The insurance and telecom counters saw higher than average demand as the 20-stock Qatar Index rose 0.11% to 10,463.87 points.
The foreign retail investors were seen net buyers in the main market, whose year-to-date losses truncated further to 2.03%.
The Gulf funds however turned net profit takers in the main bourse, whose capitalisation shed QR0.82bn or 0.14% to QR602.98bn with microcap cap segments losing the most.
The local retail investors were increasingly net sellers in the main market, which regained from an intraday low of 10,391 points.
The Arab individuals were seen net sellers in the main bourse, which saw as many as 0.06mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.13mn trade across 16 deals.
The Gulf retail investors were seen bullish in the main market, which saw no trading of sovereign bonds.
The Islamic index outperformed the other indices in the main bourse, which witnessed no trading of treasury bills.
The Total Return Index was up 0.11%, the All Islamic Index by 0.22% and the All Share Index by 0.02% in the main bourse, whose trade turnover and volumes were on the decline.
The insurance sector index tanked 1.11%, telecom (0.2%), consumer goods and services (0.11%) and industrials (0.06%); while transport declined 0.43%, real estate (0.38%) and banks and financial services (0.02%).
Major gainers in the main market included Qatar General Insurance and Reinsurance, Beema, Doha Bank, Mekdam Holding, Qatar Islamic Bank, Meeza and Qatar Electricity and Water.
In the venture market, Al Faleh Educational Holding saw its shares appreciate in value.
Nevertheless, Gulf Warehousing, Qamco, QNB, Qatar Islamic Insurance, Ezdan, Qatari German Medical Devices and Mesaieed Petrochemical Holding were among the shakers in the main market.
In the junior bourse, Mahhar Holding saw its shares depreciate in value.
The domestic institutions’ net buying increased substantially to QR81.69mn compared to QR65.38mn on December 25.
The foreign institutions’ net buying increased significantly to QR59.29mn against QR34.42mn the previous day.
The foreign individuals turned net buyers to the tune of QR2.88mn compared with net sellers of QR0.83mn on Monday.
However, the Gulf institutions’ net selling strengthened drastically to QR104.52mn against QR73.66mn on December 25.
The local retail investors’ net profit booking grew markedly to QR33.88mn compared to QR27.22mn the previous day.
The Arab retail investors were net sellers to the extent of QR3.24mn against net buyers of QR1.25mn on Monday.
The Gulf individuals turned net profit takers to the tune of QR2.21mn compared with net buyers of QR0.95mn on December 25.
The Arab institutions had no major net exposure against net profit takers to the tune of QR0.31mn the previous day.
Trade volumes in the main market shed 32% to 128.47mn shares, value by 20% to QR502.87mn and deals by 10% to 15,033.
The venture market saw a 40% plunge in trade volumes to 0.29mn equities, 38% in value to QR0.32mn and 39% in transactions to 33.
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