The Qatar Stock Exchange continued to remain in the bullish trajectory for the second consecutive day, mainly on the back of insurance and industrials equities.
The Arab funds were increasingly net buyers as the 20-stock Qatar Index settled nine points or 0.08% higher at 11,521.1 points, having touched an intraday high of 11,537 points.
The Gulf individuals turned net buyers in the bourse, whose year-to-date gains improved to 10.4%.
More than 53% of the traded constituents extended gains to investors in the market, whose capitalisation rose more than QR1bn or 0.17% to QR665.23bn, mainly on microcap segments.
The Islamic index was seen gaining faster than the other indices in the bourse, where the real estate and industrials sectors together constituted about 79% of the total trading volume.
The overall trade turnover and volumes were on the decline in the main market, where the local retail investors’ net selling weakened considerably.
Similarly, the domestic fund’ net selling declined in the market, which saw a total of 21,492 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR59,631 change hands across 12 deals.
The Total Return Index was up 0.08% to 22,806.71 points, Al Rayan Islamic Index (Price) by 0.13% to 2,616.15 points and All Share Index by 0.13% to 3,636.9 points in the market, which saw no trading of sovereign bonds and treasury bills.
The insurance index gained 0.47%, industrials (0.39%), banks and financial services (0.12%) and realty (0.12%); while telecom declined 0.79%, consumer goods and services (0.13%) and transport (0.12%).
Major gainers in the market included Al Khaleej Takaful, Qamco, Qatar Industrial Manufacturing, Gulf International Services, Mesaieed Petrochemical Holding, QNB, Doha Bank, al khaliji, Qatari German Medical Devices, Qatar National Cement and Ezdan. Mekdam Holding was seen gaining in the venture market.
Nevertheless, Alijarah Holding, Doha Insurance, Mannai Corporation, Mazaya Qatar, Ooredoo, Qatar Islamic Bank, Inma Holding, Qatar Electricity and Water, Aamal Company, Vodafone Qatar and Nakilat were among the losers. In the juniour bourse, it was Al Faleh Educational Holding.
The Arab institutions’ net buying increased notably to QR0.8mn compared to QR0.19mn on October 4.
The Gulf individuals turned net buyers to the tune of QR0.37mn against net sellers of QR1.23mn on Monday.
The local retail investors’ net selling declined significantly to QR29.41mn compared to QR67.06mn the previous day.
The domestic funds’ net profit booking shrank considerably to QR30.84mn against QR55.59mn on October 4.
However, the foreign individuals’ net selling strengthened marginally to QR1.75mn compared to QR1.26mn on Monday.
The Gulf institutions were net sellers to the extent of QR1.18mn against net buyers of QR22.63mn the previous day.
The foreign institutions’ net buying shank significantly to QR61.54mn compared to QR101.26mn on October 4.
The Arab individuals’ net buying eased markedly to QR0.48mn against QR1.07mn on Monday.
Total trade volume in the main market fell 19% to 190.52mn shares, value by 6% to QR510.34mn and transactions by 10% to 10,047. The venture market had seen 48% and 8% growth in volume and value respectively even as deals were down 8%.
In the main market, the real estate sector’s trade volume plummeted 54% to 35.16mn equities, value by 51% to QR49.91mn and transactions by 36% to 1,276.
The banks and financial services sector saw 46% plunge in trade volume to 30.57mn stocks, 10% in value to QR155.97mn and 18% in deals to 3,005.
The telecom sector’s trade volume tanked 37% to 4.333mn shares, whereas value gained 9% to QR16.5mn and transactions 38% to 842.
The market witnessed 36% shrinkage in the transport sector’s trade volume to 5.3mn equities, 35% in value to QR19.32mn and 26% in deals to 466.
However, the insurance’s sector’s trade volume more than doubled to 3.04mn stocks and value also more than doubled to QR10.65mn on 63% growth in transactions to 200.
There was 35% surge in the industrials sector’s trade volume to 78.41mn shares, 24% in value to QR188.96mn and 8% in deals to 3,050.
The consumer goods and services sector’s trade volume was up 14% to 33.7mn equities and value by 7% to QR69.01mn, whereas transactions were down 13% to 1,208.
The Arab funds were increasingly net buyers as the 20-stock Qatar Index settled nine points or 0.08% higher at 11,521.1 points, having touched an intraday high of 11,537 points.
The Gulf individuals turned net buyers in the bourse, whose year-to-date gains improved to 10.4%.
More than 53% of the traded constituents extended gains to investors in the market, whose capitalisation rose more than QR1bn or 0.17% to QR665.23bn, mainly on microcap segments.
The Islamic index was seen gaining faster than the other indices in the bourse, where the real estate and industrials sectors together constituted about 79% of the total trading volume.
The overall trade turnover and volumes were on the decline in the main market, where the local retail investors’ net selling weakened considerably.
Similarly, the domestic fund’ net selling declined in the market, which saw a total of 21,492 exchange traded funds (Masraf Al Rayan sponsored QATR and Doha Bank sponsored QETF) valued at QR59,631 change hands across 12 deals.
The Total Return Index was up 0.08% to 22,806.71 points, Al Rayan Islamic Index (Price) by 0.13% to 2,616.15 points and All Share Index by 0.13% to 3,636.9 points in the market, which saw no trading of sovereign bonds and treasury bills.
The insurance index gained 0.47%, industrials (0.39%), banks and financial services (0.12%) and realty (0.12%); while telecom declined 0.79%, consumer goods and services (0.13%) and transport (0.12%).
Major gainers in the market included Al Khaleej Takaful, Qamco, Qatar Industrial Manufacturing, Gulf International Services, Mesaieed Petrochemical Holding, QNB, Doha Bank, al khaliji, Qatari German Medical Devices, Qatar National Cement and Ezdan. Mekdam Holding was seen gaining in the venture market.
Nevertheless, Alijarah Holding, Doha Insurance, Mannai Corporation, Mazaya Qatar, Ooredoo, Qatar Islamic Bank, Inma Holding, Qatar Electricity and Water, Aamal Company, Vodafone Qatar and Nakilat were among the losers. In the juniour bourse, it was Al Faleh Educational Holding.
The Arab institutions’ net buying increased notably to QR0.8mn compared to QR0.19mn on October 4.
The Gulf individuals turned net buyers to the tune of QR0.37mn against net sellers of QR1.23mn on Monday.
The local retail investors’ net selling declined significantly to QR29.41mn compared to QR67.06mn the previous day.
The domestic funds’ net profit booking shrank considerably to QR30.84mn against QR55.59mn on October 4.
However, the foreign individuals’ net selling strengthened marginally to QR1.75mn compared to QR1.26mn on Monday.
The Gulf institutions were net sellers to the extent of QR1.18mn against net buyers of QR22.63mn the previous day.
The foreign institutions’ net buying shank significantly to QR61.54mn compared to QR101.26mn on October 4.
The Arab individuals’ net buying eased markedly to QR0.48mn against QR1.07mn on Monday.
Total trade volume in the main market fell 19% to 190.52mn shares, value by 6% to QR510.34mn and transactions by 10% to 10,047. The venture market had seen 48% and 8% growth in volume and value respectively even as deals were down 8%.
In the main market, the real estate sector’s trade volume plummeted 54% to 35.16mn equities, value by 51% to QR49.91mn and transactions by 36% to 1,276.
The banks and financial services sector saw 46% plunge in trade volume to 30.57mn stocks, 10% in value to QR155.97mn and 18% in deals to 3,005.
The telecom sector’s trade volume tanked 37% to 4.333mn shares, whereas value gained 9% to QR16.5mn and transactions 38% to 842.
The market witnessed 36% shrinkage in the transport sector’s trade volume to 5.3mn equities, 35% in value to QR19.32mn and 26% in deals to 466.
However, the insurance’s sector’s trade volume more than doubled to 3.04mn stocks and value also more than doubled to QR10.65mn on 63% growth in transactions to 200.
There was 35% surge in the industrials sector’s trade volume to 78.41mn shares, 24% in value to QR188.96mn and 8% in deals to 3,050.
The consumer goods and services sector’s trade volume was up 14% to 33.7mn equities and value by 7% to QR69.01mn, whereas transactions were down 13% to 1,208.