21 September 2016
Foreign funds' inflow, owing to FTSE inclusion of 22 local equities in its secondary emerging market indices, lifted the Qatar Stock Exchange on Tuesday.
Trading turnover and volumes were otherwise in a decline in the bourse, which saw 1.02% gain in its 20-stock Qatar Index to 10,256.52 points. The market's year-to-date losses were contained at 1.66%.
Large cap equities found favour among investors in the bourse, where banking, telecom and industrials stocks together accounted for more than 72% of the total volumes.
Islamic stocks were however seen gaining much slower than the conventional ones in the market, where domestic institutions' net buying weakened.
Market capitalisation rose 0.69% or about QR4bn to QR550.65bn mainly on 1.09% appreciation in large cap equities; even as micro, small and midcaps fell 1.01%, 0.83% and 0.27% respectively.
The Total Return Index shot up 1.02% to 16,594.37 points, All Share Index by 0.66% to 2,835.23 points and Al Rayan Islamic Index by 0.2% to 3,867.79 points.
Insurance stocks gained 2.07%, transport (1.58%), telecom (0.79%), banks and financial services (0.69%), real estate (0.62%) and industrials (0.17%); whereas consumer goods fell 0.57%.
Influential gainers included Industries Qatar, Qatar Insurance, Vodafone Qatar, Nakilat, Ezdan, QNB, Doha Bank, Commercial Bank, Qatar Islamic Bank, Masraf Al Rayan and United Development Company.
However, Barwa, Aamal Company, Gulf International Services, Qatari Investors Group, al khaliji, Alijarah Holding, Dlala and Salam International Investment saw their shares lose sheen.
Non-Qatari institutions turned net buyers to the tune of QR41.88mn against net sellers of QR25.81mn on September 19.
The GCC (Gulf Cooperation Council) institutions' net selling declined to QR22.45mn compared to QR61.09mn on Monday.
However, domestic institutions' net buying weakened to QR35.38mn against QR109.22mn the previous day.
Local retail investors' net profit booking strengthened to QR52.73mn compared to QR38.14mn on September 19.
Non-Qatari individual investors turned net sellers to the extent of QR3.79mn against net buyers of QR13.23mn on Monday.
The GCC individual investors' net buying fell to QR1.67mn compared to QR2.46mn the previous day.
Total trade volume fell 68% to 8.49mn shares, value by 71% to QR371.62bn and deals by 48% to 5,248.
There was 84% plunge in the insurance sector's trade volume to 0.19mn equities, 85% in value to QR15.2mn and 41% in transactions to 361.
The real estate sector's trade volume plummeted 76% to 1.29mn stocks, value by 77% to QR29.42mn and deals by 65% to 502.
The consumer goods sector saw 75% shrinkage in trade volume to 0.4mn shares, 61% in value to QR50.02mn and 58% in transactions to 255.
The transport sector's trade volume tanked 74% to 0.5mn equities, value by 77% to QR15.87mn and deals by 53% to 431.
The market witnessed 67% decline in the industrials sector's trade volume to 1.4mn stocks, 63% in value to QR75.66mn and 42% in transactions to 1,151.
The banks and financial services sector's trade volume shrank 66% to 2.96mn shares, value by 76% to QR134.26mn and deals by 45% to 1,695.
The telecom sector reported 53% slump in trade volume to 1.76mn equities, 52% in value to QR51.19mn and 38% in transactions to 853.
In the debt market, there was no trading of treasury bills and government bonds.
Foreign funds' inflow, owing to FTSE inclusion of 22 local equities in its secondary emerging market indices, lifted the Qatar Stock Exchange on Tuesday.
Trading turnover and volumes were otherwise in a decline in the bourse, which saw 1.02% gain in its 20-stock Qatar Index to 10,256.52 points. The market's year-to-date losses were contained at 1.66%.
Large cap equities found favour among investors in the bourse, where banking, telecom and industrials stocks together accounted for more than 72% of the total volumes.
Islamic stocks were however seen gaining much slower than the conventional ones in the market, where domestic institutions' net buying weakened.
Market capitalisation rose 0.69% or about QR4bn to QR550.65bn mainly on 1.09% appreciation in large cap equities; even as micro, small and midcaps fell 1.01%, 0.83% and 0.27% respectively.
The Total Return Index shot up 1.02% to 16,594.37 points, All Share Index by 0.66% to 2,835.23 points and Al Rayan Islamic Index by 0.2% to 3,867.79 points.
Insurance stocks gained 2.07%, transport (1.58%), telecom (0.79%), banks and financial services (0.69%), real estate (0.62%) and industrials (0.17%); whereas consumer goods fell 0.57%.
Influential gainers included Industries Qatar, Qatar Insurance, Vodafone Qatar, Nakilat, Ezdan, QNB, Doha Bank, Commercial Bank, Qatar Islamic Bank, Masraf Al Rayan and United Development Company.
However, Barwa, Aamal Company, Gulf International Services, Qatari Investors Group, al khaliji, Alijarah Holding, Dlala and Salam International Investment saw their shares lose sheen.
Non-Qatari institutions turned net buyers to the tune of QR41.88mn against net sellers of QR25.81mn on September 19.
The GCC (Gulf Cooperation Council) institutions' net selling declined to QR22.45mn compared to QR61.09mn on Monday.
However, domestic institutions' net buying weakened to QR35.38mn against QR109.22mn the previous day.
Local retail investors' net profit booking strengthened to QR52.73mn compared to QR38.14mn on September 19.
Non-Qatari individual investors turned net sellers to the extent of QR3.79mn against net buyers of QR13.23mn on Monday.
The GCC individual investors' net buying fell to QR1.67mn compared to QR2.46mn the previous day.
Total trade volume fell 68% to 8.49mn shares, value by 71% to QR371.62bn and deals by 48% to 5,248.
There was 84% plunge in the insurance sector's trade volume to 0.19mn equities, 85% in value to QR15.2mn and 41% in transactions to 361.
The real estate sector's trade volume plummeted 76% to 1.29mn stocks, value by 77% to QR29.42mn and deals by 65% to 502.
The consumer goods sector saw 75% shrinkage in trade volume to 0.4mn shares, 61% in value to QR50.02mn and 58% in transactions to 255.
The transport sector's trade volume tanked 74% to 0.5mn equities, value by 77% to QR15.87mn and deals by 53% to 431.
The market witnessed 67% decline in the industrials sector's trade volume to 1.4mn stocks, 63% in value to QR75.66mn and 42% in transactions to 1,151.
The banks and financial services sector's trade volume shrank 66% to 2.96mn shares, value by 76% to QR134.26mn and deals by 45% to 1,695.
The telecom sector reported 53% slump in trade volume to 1.76mn equities, 52% in value to QR51.19mn and 38% in transactions to 853.
In the debt market, there was no trading of treasury bills and government bonds.
© Gulf Times 2016
