Buoyed by foreign institutions’ increased buying interests, the Qatar Stock Exchange (QSE) yesterday gained more than 60 points and its key index surpassed 10,100 levels.

An across the board buying – particularly in the transport, banking and consumer goods sectors – led the 20-stock Qatar Index 0.6% to 10,120.68 points, recovering from an intraday low of 10,073 points.

The Gulf retail investors turned net buyers in the main market, whose year-to-date losses truncated to 6.56%.

The Gulf institutions’ weakened net selling had its influence in the main bourse, whose capitalisation added QR3.34bn or 0.57% to QR585.36bn on the back of mid and small cap segments.

The Arab individuals continued to be net buyers but with lesser intensity in the main market, which saw as many as 4,537 exchange traded funds (sponsored by Masraf Al Rayan), valued at QR0.61mn change hands across three transactions.

The local retail investors were increasingly net profit takers in the main bourse, which saw no trading of treasury bills.

The foreign individuals were also increasingly bearish 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 bourse, whose trade turnover grew amidst lower volumes.

The Total Return Index gained 0.6%, the All Islamic Index by 0.45% and the All Share Index by 0.62% in the main market.

The transport sector index soared 1.16%, banks and financial services (0.84%), consumer goods and services (0.72%), insurance (0.57%), telecom (0.26%), real estate (0.08%) and industrials (0.06%).

Major gainers in the main market included Baladna, Nakilat, Beema, Zad Holding, QIIB, Commercial Bank, Dukhan Bank and Vodafone Qatar.

Nevertheless, Medicare Group, Widam Food, QLM, Doha Bank and Alijarah Holding were among the shakers in the main bourse. In the venture market, both Al Mahhar Holding and Techno Q saw their shares depreciate in value.

The foreign institutions’ net buying increased significantly to QR54.59mn compared to QR32.04mn on July 21.

The Gulf retail investors turned net buyers to the tune of QR0.49mn against net profit takers of QR2.07mn on Sunday.

The Gulf institutions’ net selling declined marginally to QR7.53mn compared to QR8.22mn the previous day.

However, the Qatari individuals’ net selling strengthened markedly to QR27.34mn against QR18.8mn on July 21.

The domestic institutions’ net profit booking expanded noticeably to QR13.54mn compared to QR3.17mn on Sunday.

The foreign individual investors’ net selling grew perceptibly to QR8.6mn against QR3.15mn the previous day.

The Arab retail investors’ net buying weakened notably to QR1.95mn compared to QR3.37mn on July 21.

The Arab institutions continued to have no major net exposure for the sixth straight session.

Trade volumes in the main market shrank 12% to 98.81mn shares, while value shot up 18% to QR305.91mn and transactions by 42% to 13,003.

The venture market saw 94% plunge in trade volumes to 0.04mn equities, 94% in value to QR0.09mn and 72% in deals to 15.