Foreign institutions’ increased buying interests on Monday lifted the Qatar Stock Exchange above 10,500 levels.
Transport, consumer goods, industrials and insurance counters witnessed higher-than-average demand, leading to the 20-stock Qatar Index gain 0.47% to 10,154.89 points.
Domestic funds’ selling pressure considerably weakened on the market, whose sensitive index is down 1.4% year-to-date.
Market capitalisation however shed more than QR1bn or 0.27% to QR566.26bn mainly owing to large cap segments.
Islamic equities were seen gaining faster than the main index on the market, where Gulf funds’ net selling also eased.
Trade turnover and volumes were on the decline on the bourse, where banking, realty and industrials sectors together accounted for more than 84% of the total volume.
The Total Return Index gained 0.5% to 18,685.86 points and Al Rayan Islamic Index (Price) by 0.53% to 2,385.51 points, while All Share Index fell 0.29% to 3,067.78 points.
The transport index soared 1.42%, consumer goods (0.61%), industrials (0.54%) and insurance (0.5%); whereas real estate declined 3.88%, telecom (0.55%) and banks and financial services (0.04%).
Major gainers included Commercial Bank, Qatar Islamic Bank, Industries Qatar, Mesaieed Petrochemical Holding, United Development Company, Gulf Warehousing, Milaha and Nakilat; even as QNB, Salam International Investment, Qatari German Company for Medical Devices, Mannai Corporation, Gulf International Services, Doha Insurance, Al Khaleej Takaful, Ezdan, Mazaya Qatar and Vodafone Qatar were among the losers.
Non-Qatari institutions’ net buying increased influentially to QR21.41mn compared to QR10.63mn on Sunday.
Domestic funds’ net profit booking declined substantially to QR3.92mn against QR17.38mn the previous day.
The Gulf institutions’ net selling weakened noticeably to QR0.41mn compared to QR2.81mn on March 31.
The Gulf individuals’ net profit booking decreased marginally to QR0.32mn against QR0.68mn on Sunday.
However, local retail investors turned net sellers to the tune of QR15.02mn compared with net buyers of QR8.1mn the previous day.
Non-Qatari individuals were also net profit takers to the extent of QR1.69mn against QR2.1mn on March 31.
Total trade volume fell 23% to 14.27mn shares and value by 18% to QR290.56mn, while transactions were up 3% to 6,736.
The banks and financial services sector saw 36% plunge in trade volume to 4.89mn equities, 20% decline in value to QR93.48mn and 2% in deals to 1,787.
The industrials sector’s trade volume plummeted 29% to 3.17mn stocks, value by 31% to QR67.8mn and transactions by 9% to 1,960.
The consumer goods sector reported 18% shrinkage in trade volume to 0.51mn shares and 9% in value to QR36.04mn but on 37% increase in deals to 467.
The telecom sector’s trade volume tanked 16% to 0.87mn equities, while value grew 5% to QR15.28mn and transactions by 20% to 468.
There was 4% fall in the insurance sector’s trade volume to 0.45mn stocks, 11% in value to QR14.24mn and 3% in deals to 260.
However, the transport sector’s trade volume increased 5% to 0.45mn shares, whereas value declined 18% to QR14.89mn and transactions by 67% to 244.
Although the realty sector’s trade volume was flat at 3.95mn equities, value was down 8% to QR48.85mn but on 11% jump in deals to 1,550.
In the debt market, there was no trading of treasury bills and sovereign bonds.
Domestic funds’ selling pressure considerably weakened on the market, whose sensitive index is down 1.4% year-to-date.
Market capitalisation however shed more than QR1bn or 0.27% to QR566.26bn mainly owing to large cap segments.
Islamic equities were seen gaining faster than the main index on the market, where Gulf funds’ net selling also eased.
Trade turnover and volumes were on the decline on the bourse, where banking, realty and industrials sectors together accounted for more than 84% of the total volume.
The Total Return Index gained 0.5% to 18,685.86 points and Al Rayan Islamic Index (Price) by 0.53% to 2,385.51 points, while All Share Index fell 0.29% to 3,067.78 points.
The transport index soared 1.42%, consumer goods (0.61%), industrials (0.54%) and insurance (0.5%); whereas real estate declined 3.88%, telecom (0.55%) and banks and financial services (0.04%).
Major gainers included Commercial Bank, Qatar Islamic Bank, Industries Qatar, Mesaieed Petrochemical Holding, United Development Company, Gulf Warehousing, Milaha and Nakilat; even as QNB, Salam International Investment, Qatari German Company for Medical Devices, Mannai Corporation, Gulf International Services, Doha Insurance, Al Khaleej Takaful, Ezdan, Mazaya Qatar and Vodafone Qatar were among the losers.
Non-Qatari institutions’ net buying increased influentially to QR21.41mn compared to QR10.63mn on Sunday.
Domestic funds’ net profit booking declined substantially to QR3.92mn against QR17.38mn the previous day.
The Gulf institutions’ net selling weakened noticeably to QR0.41mn compared to QR2.81mn on March 31.
The Gulf individuals’ net profit booking decreased marginally to QR0.32mn against QR0.68mn on Sunday.
However, local retail investors turned net sellers to the tune of QR15.02mn compared with net buyers of QR8.1mn the previous day.
Non-Qatari individuals were also net profit takers to the extent of QR1.69mn against QR2.1mn on March 31.
Total trade volume fell 23% to 14.27mn shares and value by 18% to QR290.56mn, while transactions were up 3% to 6,736.
The banks and financial services sector saw 36% plunge in trade volume to 4.89mn equities, 20% decline in value to QR93.48mn and 2% in deals to 1,787.
The industrials sector’s trade volume plummeted 29% to 3.17mn stocks, value by 31% to QR67.8mn and transactions by 9% to 1,960.
The consumer goods sector reported 18% shrinkage in trade volume to 0.51mn shares and 9% in value to QR36.04mn but on 37% increase in deals to 467.
The telecom sector’s trade volume tanked 16% to 0.87mn equities, while value grew 5% to QR15.28mn and transactions by 20% to 468.
There was 4% fall in the insurance sector’s trade volume to 0.45mn stocks, 11% in value to QR14.24mn and 3% in deals to 260.
However, the transport sector’s trade volume increased 5% to 0.45mn shares, whereas value declined 18% to QR14.89mn and transactions by 67% to 244.
Although the realty sector’s trade volume was flat at 3.95mn equities, value was down 8% to QR48.85mn but on 11% jump in deals to 1,550.
In the debt market, there was no trading of treasury bills and sovereign bonds.
