The Qatar Stock Exchange (QSE) on Sunday opened the week on a stronger note with its key index gaining more than 159 points and capitalisation adding about QR11bn on an across the board buying interests.

The real estate, telecom and industrials counters witnessed higher than average demand as the 20-stock Qatar Index shot up 1.53% to 10,559.95 points, although the index touched an intraday high of 10,575 points.

The foreign funds were seen net buyers in the main market, whose year-to-date losses truncated to 2.5%.

As much as 90% of the traded constituents extended gains to investors in the main bourse, whose capitalisation added QR10.78bn or 1.76% to QR622.31bn on the back of large cap segments.

The Arab individuals were seen bullish in the main market, which saw as many as 0.16mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR0.36mn trade across 13 deals.

The Islamic index was seen outperforming the other indices in the main bourse, whose trade turnover and volumes were on the increase.

The Gulf institutions turned net buyers in the main market, which saw no trading of treasury bills.

The foreign individuals were seen increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.

The Total Return Index rose 1.53%, the All Islamic Index by 1.8% and the All Share Index by 1.45% in the main market.

The realty sector index shot up 2.29%, telecom (2.23%), industrials (1.69%), transport (1.41%), banks and financial services (1.35%), insurance (1.28%) and consumer goods and services (0.59%).

Major gainers in the main market included Ezdan, Alijarah Holding, Qatari Investors Group, Al Khaleej Takaful, Salam International Investment, QIIB, Masraf Al Rayan, Lesha Bank, Baladna, Meeza, Qatar Investors Group, Aamal Company, Qamco, Mazaya Qatar and Ooredoo. In the juniour bourse, Techno Q saw its shares appreciate in value.

Nevertheless, Qatar General Insurance and Reinsurance, Zad Holding, Al Meera and Qatar National Cement were the losers in the main bourse. In the venture market, Al Mahhar Holding saw its shares depreciate in value.

The foreign institutions turned net buyers to the tune of QR25.18mn compared with net sellers of QR49.8mn on October 24.

The foreign individual investors’ net buying increased perceptibly to QR5.11mn against QR3.06mn last Thursday.

The Arab individuals were net buyers to the extent of QR3.84mn compared with net sellers of QR17.92mn the previous trading day.

The Gulf institutions turned net buyers to the tune of QR3.67mn against net profit takers of QR6.14mn on October 24.

However, the Qatari individuals’ net selling expanded substantially to QR25.45mn compared to QR12.83mn last Thursday.

The domestic funds turned net sellers to the tune of QR8.42mn against net buyers of QR81.64mn the previous trading day.

The Gulf retail investors were net sellers to the extent of QR3.94mn compared with net buyers of QR2.49mn on October 24.

The Arab institutions had no major net exposure against net profit takers to the extent of QR0.5mn last Thursday.

Trade volumes in the main market soared 80% to 233.09mn shares and value by 22% to QR451.29mn, while transactions were down 5% to 12,630.

In the venture market, trade volumes more than doubled to 3.81mn equities and value also more than doubled to QR8.83mn on 10% jump in deals to 120.