The Qatar Stock Exchange on Sunday witnessed buying interests at the industrials, transport and insurance counters even as it plunged 130 points to settle below 14,000 points.
Foreign funds largely stayed away from buying due to long week-end, as the 20-stock Qatar Index settled 0.92% lower at 13,995.25 points, although it touched an intraday high of 14,132 points.
The Gulf institutions’ net buying was seen weakening in the market, whose year-to-date gains were at 20.38%.
The domestic funds continued to be net sellers but with lesser intensity in the bourse, whose capitalisation saw about QR8bn or a 0.95% decrease to QR784.29bn, mainly on the back of large and microcap segments.
The Islamic index was seen declining slower than the other indices in the market, where the industrials, consumer goods and services and real estate sectors together accounted for more than 81% of the trading volume.
More than 67% of the traded constituents were in the red in the market, which saw a total of 119,092 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR1.53mn changed hands across 37 deals.
The local retail investors continued to be net sellers but with lesser vigour in the bourse, which saw no trading of sovereign bonds.
Total trade turnover and volumes were on the decline in the market, which saw no trading of treasury bills.
The Total Return Index shed 0.92% to 28,554.86 points, the All Share Index by 0.97% to 4,473.4 points and the Al Rayan Islamic Index (Price) by 0.62% to 2,991.41 points.
The telecom sector index declined 1.79%, banks and financial services (1.76%), realty (1.13%) and consumer goods and services (0.36%); while industrials, transport and insurance gained 0.46%, 0.38% and 0.26% respectively.
Major losers in the main market included QLM, Qatar Islamic Bank, Ooredoo, QNB, Masraf Al Rayan, Commercial Bank, Qatar First Bank, Inma Holding, Mannai Corporation, Investment Holding Group and Barwa. In the venture market, both Al Faleh Educational Holding and Mekdam Holding saw their share depreciate in value.
Nevertheless, Qatar General Insurance and Reinsurance, QIIB, Qatar National Cement, Widam Food, Aamal Company, Industries Qatar and Nakilat were among the gainers in the main market.
The foreign funds’ net buying declined drastically to QR6.59mn compared to QR55.88mn on Thursday.
The Gulf institutions’ net buying weakened significantly to QR5.19mn against QR16.24mn on Thursday.
The Gulf individuals’ net buying shrank perceptibly to QR0.64mn compared to QR2.14mn the previous trading day.
The foreign individuals’ net buying eased markedly to QR0.32mn against QR1.93mn on Thursday.
However, the Arab individuals were net buyers to the tune of QR0.28mn compared with net sellers of QR3.56mn last Thursday.
The Arab institutions turned net buyers to the extent of QR0.04mn against net sellers of QR1.08mn the previous trading day.
The domestic funds’ net selling decreased substantially to QR7.47mn compared to QR32.23mn on Thursday.
Qatari individuals’ net profit booking fell drastically to QR5.58mn against QR19.33mn the on Thursday.
Total trade volume in the main market fell 43% to 99.56mn shares, value by 53% to QR304.21mn and transactions by 49% to 6,640.
The insurance sector’s trade volume plummeted 61% to 0.71mn equities, value by 61% to QR1.97mn and deals by 49% to 101.
The consumer goods and services sector saw a 52% plunge in trade volume to 27.24mn stocks, 55% in value to QR41.18mn and 51% in transactions to 710.
The transport sector’s trade volume tanked 51% to 2.15mn shares, value by 50% to QR9.02mn and deals by 12% to 372.
There was a 48% shrinkage in the industrials sector’s trade volume to 29.87mn equities, 41% in value to QR113.29mn and 30% in transactions to 2,391.
The banks and financial services sector’s trade volume shrank 47% to 14.53mn stocks, value by 67% to QR100.73mn and deals by 63% to 2,257.
The market witnessed a 44% contraction in the telecom sector’s trade volume to 1.18mn shares, 63% in value to QR5.25mn and 79% in transactions to 152.
However, the real estate sector’s trade volume was up 1% to 23.89mn equities and value by 1% to QR32.76mn, whereas deals dipped 24% to 657.
The venture market saw a 29.41% jump in trade volumes to 0.22mn stocks but on 12.59% fall in value to QR1.18mn and 20.33% in transactions to 98.
Foreign funds largely stayed away from buying due to long week-end, as the 20-stock Qatar Index settled 0.92% lower at 13,995.25 points, although it touched an intraday high of 14,132 points.
The Gulf institutions’ net buying was seen weakening in the market, whose year-to-date gains were at 20.38%.
The domestic funds continued to be net sellers but with lesser intensity in the bourse, whose capitalisation saw about QR8bn or a 0.95% decrease to QR784.29bn, mainly on the back of large and microcap segments.
The Islamic index was seen declining slower than the other indices in the market, where the industrials, consumer goods and services and real estate sectors together accounted for more than 81% of the trading volume.
More than 67% of the traded constituents were in the red in the market, which saw a total of 119,092 exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR1.53mn changed hands across 37 deals.
The local retail investors continued to be net sellers but with lesser vigour in the bourse, which saw no trading of sovereign bonds.
Total trade turnover and volumes were on the decline in the market, which saw no trading of treasury bills.
The Total Return Index shed 0.92% to 28,554.86 points, the All Share Index by 0.97% to 4,473.4 points and the Al Rayan Islamic Index (Price) by 0.62% to 2,991.41 points.
The telecom sector index declined 1.79%, banks and financial services (1.76%), realty (1.13%) and consumer goods and services (0.36%); while industrials, transport and insurance gained 0.46%, 0.38% and 0.26% respectively.
Major losers in the main market included QLM, Qatar Islamic Bank, Ooredoo, QNB, Masraf Al Rayan, Commercial Bank, Qatar First Bank, Inma Holding, Mannai Corporation, Investment Holding Group and Barwa. In the venture market, both Al Faleh Educational Holding and Mekdam Holding saw their share depreciate in value.
Nevertheless, Qatar General Insurance and Reinsurance, QIIB, Qatar National Cement, Widam Food, Aamal Company, Industries Qatar and Nakilat were among the gainers in the main market.
The foreign funds’ net buying declined drastically to QR6.59mn compared to QR55.88mn on Thursday.
The Gulf institutions’ net buying weakened significantly to QR5.19mn against QR16.24mn on Thursday.
The Gulf individuals’ net buying shrank perceptibly to QR0.64mn compared to QR2.14mn the previous trading day.
The foreign individuals’ net buying eased markedly to QR0.32mn against QR1.93mn on Thursday.
However, the Arab individuals were net buyers to the tune of QR0.28mn compared with net sellers of QR3.56mn last Thursday.
The Arab institutions turned net buyers to the extent of QR0.04mn against net sellers of QR1.08mn the previous trading day.
The domestic funds’ net selling decreased substantially to QR7.47mn compared to QR32.23mn on Thursday.
Qatari individuals’ net profit booking fell drastically to QR5.58mn against QR19.33mn the on Thursday.
Total trade volume in the main market fell 43% to 99.56mn shares, value by 53% to QR304.21mn and transactions by 49% to 6,640.
The insurance sector’s trade volume plummeted 61% to 0.71mn equities, value by 61% to QR1.97mn and deals by 49% to 101.
The consumer goods and services sector saw a 52% plunge in trade volume to 27.24mn stocks, 55% in value to QR41.18mn and 51% in transactions to 710.
The transport sector’s trade volume tanked 51% to 2.15mn shares, value by 50% to QR9.02mn and deals by 12% to 372.
There was a 48% shrinkage in the industrials sector’s trade volume to 29.87mn equities, 41% in value to QR113.29mn and 30% in transactions to 2,391.
The banks and financial services sector’s trade volume shrank 47% to 14.53mn stocks, value by 67% to QR100.73mn and deals by 63% to 2,257.
The market witnessed a 44% contraction in the telecom sector’s trade volume to 1.18mn shares, 63% in value to QR5.25mn and 79% in transactions to 152.
However, the real estate sector’s trade volume was up 1% to 23.89mn equities and value by 1% to QR32.76mn, whereas deals dipped 24% to 657.
The venture market saw a 29.41% jump in trade volumes to 0.22mn stocks but on 12.59% fall in value to QR1.18mn and 20.33% in transactions to 98.
