A higher than average demand, especially in the telecom, transport and banking counters, led the 20-stock Qatar Index settle 0.77% higher at 10,369.56 points.
The foreign institutions were seen net buyers in the main market, whose year-to-date losses truncated to 4.26%.
The Gulf funds were seen bullish in the main bourse, whose capitalisation added QR2.72bn or 0.45% to QR601.22bn with micro and small cap segments gaining the most.
The domestic institutions turned net buyers in the main market, which touched an intraday high of 10,387 points.
The foreign retail investors were seen increasingly into net buying in the main bourse, which saw as many as 0.02mn exchange traded funds (sponsored by Masraf Al Rayan) valued at QR0.04mn trade across seven deals.
The Arab individuals turned net buyers, albeit at lower levels, in the main market, which saw no trading of sovereign bonds.
The Islamic index underperformed the key index in the main bourse, which witnessed no trading of treasury bills.
The Total Return Index rose 0.77%, the All Islamic Index by 0.6% and the All Share Index by 0.57% in the main bourse, whose trade turnover and volumes were on the increase.
The telecom sector index shot up 1.38%, transport (1.08%), banks and financial services (0.86%), consumer goods and services (0.11%) and industrials (0.08%); while insurance and real estate declined 1.25% and 0.33% respectively.
Major gainers in the main market included Qatar General Insurance and Reinsurance, Gulf Warehousing, Qatar Islamic Bank, Nakilat, Ooredoo, Masraf Al Rayan and Industries Qatar. In the venture market, Mahhar Holding saw its shares appreciate in value.
Nevertheless, more than 60% of the traded constituents were in the red with major shakers being Qatar Insurance, Qamco, Ezdan, Dlala, Qatari German Medical Devices, Baladna, Qatar National Cement and Mesaieed Petrochemical Holding. In the junior bourse, Al Faleh Educational Holding saw its shares depreciate in value.
The foreign institutions turned net buyers to the tune of QR19.74mn compared with net sellers of QR6.9mn on January 21.
The Gulf institutions were net buyers to the extent of QR9.04mn against net profit takers of QR12.04mn the previous day.
The domestic institutions turned net buyers to the tune of QR2.79mn compared with net sellers of QR1.83mn on Sunday.
The foreign individual investors’ net buying increased marginally to QR1.74mn against QR1.47mn on January 21.
The Arab individuals were net buyers to the extent of QR0.25mn compared with net sellers QR1.32mn the previous day.
However, the local retail investors turned net sellers to the tune of QR33.49mn against net buyers of QR19.87mn on Sunday.
The Gulf individuals were net profit takers to the extent of QR0.07mn compared with net buyers of QR0.73mn on January 21.
The Arab institutions had no major net exposure for the second straight session.
Trade volumes in the main market soared 42% to 366.39mn shares, value by 53% to QR1.03bn and deals by 42% to 33,626.
The venture market saw 58% plunge in trade volumes to 0.42mn equities, 51% in value to QR0.51mn and 41% in transactions to 41.