The Gulf institutions were seen net buyers as the 20-stock Qatar Index rose 0.48% to 9,711.02 points, having hit an intraday high of 9,720 points.
The domestic funds’ substantially weakened net selling pressure had its influence on the main market, whose year-to-date losses truncated to 10.34%.
As much as 49% of the traded constituents extended gains to investors in the main bourse, whose capitalisation added QR2.7bn or 0.48% to QR564.4bn on account of midcap segments.
The local retail investors continued to be net buyers but with lesser vigour in the main market, which saw as many as 189 exchange traded funds (sponsored by Masraf Al Rayan) valued at QR431 trade across one deal.
The foreign institutions were seen increasingly into net selling in the main bourse, which saw no trading of sovereign bonds.
The Arab retail investors were net profit takers in the main market, which saw no trading of treasury bills.
The Islamic index was seen gaining slower than the other indices in the main bourse, whose trade turnover and volumes were on the decline.
The Total Return Index gained 0.48%, the All Share Index by 0.5% and the All Islamic Index by 0.19% in the main market.
The consumer goods and services sector index rose 0.83%, banks and financial services (0.79%), transport (0.66%), telecom (0.2%) and industrials (0.16%); while real estate declined 1.28% and insurance 0.04%.
Major gainers in the main market included Dlala, Gulf International Services, Zad Holding, Milaha, QIIB, QNB and Woqod.
Nevertheless, United Development Company, Meeza Holding, Qamco, Barwa and Widam Food were among the shakers in the main bourse.
In the venture market, Al Mahhar Holding saw its shares depreciate in value.
The Gulf institutions turned net buyers to the tune of QR6.75mn compared with net sellers of QR1.78mn on April 22.
The domestic institutions’ net profit booking decreased substantially to QR15.06mn against QR60.17mn the previous day.
However, the foreign institutions’ net selling strengthened markedly to QR29.66mn compared to QR20.68mn on Monday.
The Arab individuals were net profit takers to the extent of QR5.28mn against net buyers of QR7.39mn on April 22.
The Qatari individual investors’ net buying declined drastically to QR39.58mn compared to QR67.08mn the previous day.
The foreign individual investors’ net buying weakened noticeably to QR3.26mn against QR5.93mn on Monday.
The Gulf retail investors’ net buying eased perceptibly to QR0.39mn compared to QR1.74mn on April 22.
The Arab institutions had no major net exposure against net buyers to the tune of QR0.51mn the previous day.
Trade volumes in the main market fell 9% to 126.66mn shares and value by 11% to QR425.44mn, whereas deals were up about 1% to 15,674.
The venture market’s trade volumes more than do0ubled to 0.1mn equities and value almost tripled to QR0.16mn on more than doubled transactions to 16.
