An across the board selling, particularly in the telecom, transport and insurance counters, Tuesday dragged the Qatar Stock Exchange more than 44 points.
The Arab individuals were seen net profit takers as the 20-stock Qatar Index settled 0.33% to 13,518.81 points, although it touched an intraday high of 13,611 points.
The foreign institutions’ weakened net buying also had its influence in the market, whose year-to-date gains were at 16.28%.
More than 55% of the traded stocks were in the red in the bourse, whose capitalisation eroded about QR4bn or 0.49% to QR749.45bn, mainly on the back of small and microcap segments.
The Islamic index was seen declining faster than the other indices in the market, which saw a total of 0.12mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR1.24mn changed hands across 42 deals.
The Gulf retail investors were seen net sellers in the market, which saw no trading of sovereign bonds.
The Arab funds turned net profit takers in the bourse, which saw no trading of treasury bills.
The Total Return Index shed 0.33% to 27,690.91 points, All Share Index rose 0.36% to 4,288.09 points and Al Rayan Islamic Index (Price) by 0.47% to 2,935.63 points.
The telecom sector index shrank 1.05%, transport (0.92%), insurance (0.81%), real estate (0.43%), industrials (0.43%), banks and financial services (0.22%) and consumer goods (0.08%).
Major losers in the main market included Qatar General Insurance, Estithmar Holding, Doha Insurance, Alijarah Holding, QIIB, Medicare Group, Qatari Investors Group, Qamco, Ezdan, Ooredoo and Nakilat. In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
Nevertheless, Gulf International Services, Qatari German Medical Devices, Qatar Islamic Insurance, Mannai Corporation, Doha Bank, Vodafone Qatar and Gulf Warehousing were among the gainers in the main market. In the junior bourse, Mekdam Holding saw its shares appreciate in value.
The Arab individuals turned net sellers to the tune of QR6.18mn compared with net buyers of QR12.39mn on August 8.
The Gulf retail investors were net sellers to the extent of QR1.01mn against net buyers of QR0.4mn on Monday.
The Arab funds turned net profit takers to the tune of QR0.01mn compared with net buyers of QR0.1mn the previous day.
The foreign institutions’ net buying decreased noticeably to QR24.37mn against QR50.26mn on August 8.
However, the Gulf institutions were net buyers to the extent of QR10.43mn compared with net sellers of QR0.56mn on Monday.
The foreign individuals turned net buyers to the tune of QR0.26mn against net sellers of QR0.89mn the previous day.
The domestic institutions’ net selling declined considerably to QR11.03mn compared to QR36.56mn on August 8.
Qatari individuals’ net profit booking weakened markedly to QR16.8mn against QR25.15mn on Monday.
Total trade volume in the main market was down 2% to 247.84mn shares and value by 8% to QR688.3mn but on 13% jump in transactions to 21,260.
In the venture market, trade volumes stood at 0.16mn stocks, value at QR1.09mn and deals at 56.
The Arab individuals were seen net profit takers as the 20-stock Qatar Index settled 0.33% to 13,518.81 points, although it touched an intraday high of 13,611 points.
The foreign institutions’ weakened net buying also had its influence in the market, whose year-to-date gains were at 16.28%.
More than 55% of the traded stocks were in the red in the bourse, whose capitalisation eroded about QR4bn or 0.49% to QR749.45bn, mainly on the back of small and microcap segments.
The Islamic index was seen declining faster than the other indices in the market, which saw a total of 0.12mn exchange traded funds (sponsored by Masraf Al Rayan and Doha Bank) valued at QR1.24mn changed hands across 42 deals.
The Gulf retail investors were seen net sellers in the market, which saw no trading of sovereign bonds.
The Arab funds turned net profit takers in the bourse, which saw no trading of treasury bills.
The Total Return Index shed 0.33% to 27,690.91 points, All Share Index rose 0.36% to 4,288.09 points and Al Rayan Islamic Index (Price) by 0.47% to 2,935.63 points.
The telecom sector index shrank 1.05%, transport (0.92%), insurance (0.81%), real estate (0.43%), industrials (0.43%), banks and financial services (0.22%) and consumer goods (0.08%).
Major losers in the main market included Qatar General Insurance, Estithmar Holding, Doha Insurance, Alijarah Holding, QIIB, Medicare Group, Qatari Investors Group, Qamco, Ezdan, Ooredoo and Nakilat. In the venture market, Al Faleh Educational Holding saw its shares depreciate in value.
Nevertheless, Gulf International Services, Qatari German Medical Devices, Qatar Islamic Insurance, Mannai Corporation, Doha Bank, Vodafone Qatar and Gulf Warehousing were among the gainers in the main market. In the junior bourse, Mekdam Holding saw its shares appreciate in value.
The Arab individuals turned net sellers to the tune of QR6.18mn compared with net buyers of QR12.39mn on August 8.
The Gulf retail investors were net sellers to the extent of QR1.01mn against net buyers of QR0.4mn on Monday.
The Arab funds turned net profit takers to the tune of QR0.01mn compared with net buyers of QR0.1mn the previous day.
The foreign institutions’ net buying decreased noticeably to QR24.37mn against QR50.26mn on August 8.
However, the Gulf institutions were net buyers to the extent of QR10.43mn compared with net sellers of QR0.56mn on Monday.
The foreign individuals turned net buyers to the tune of QR0.26mn against net sellers of QR0.89mn the previous day.
The domestic institutions’ net selling declined considerably to QR11.03mn compared to QR36.56mn on August 8.
Qatari individuals’ net profit booking weakened markedly to QR16.8mn against QR25.15mn on Monday.
Total trade volume in the main market was down 2% to 247.84mn shares and value by 8% to QR688.3mn but on 13% jump in transactions to 21,260.
In the venture market, trade volumes stood at 0.16mn stocks, value at QR1.09mn and deals at 56.
