2025-10-28
Foreign and Gulf Funds Drag QSE as Index Falls 16 Points; M-Cap Melts QR2.24bn
The Qatar Stock Exchange today shed more than 16 points on selling pressure especially in the telecom, industrials, transport and real estate counters.
The foreign funds were seen net profit takers as the 20-stock Qatar Index settled 0.15% lower at 10,896.08 points, but recovering from an intraday low of 10,850 points.
The Gulf institutions turned bearish in the main market, whose year-to-date gains truncated to 3.07%.
About 73% of the traded constituents were in the red in the main bourse, whose capitalisation melted QR2.24bn or 0.34% to QR651.5bn, mainly on small cap segments.
The domestic funds continued to be net sellers but with lesser intensity in the main market, which saw as many as 0.08mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.65mn trade across 56 deals.
The local retail investors were increasingly net buyers in the main bourse, whose trade turnover grew amidst lower volumes.
The Islamic index was seen declining faster than the other indices of the main market, which saw no trading of treasury bills.
The Arab individual investors turned net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index fell 0.15%, the All Share Index by 0.15% and the All Islamic Index by 0.21% in the main market.
The telecom sector index declined 0.78%, industrials (0.67%), transport (0.65%), real estate (0.38%) and insurance (0.06%); while banks and financial services gained 0.15% and consumer goods and services 0.04%.
As many as 10 stocks gained, while 37 declined and four were unchanged.
Major shakers in the main market included Ezdan, Qatar Electricity and Water, Inma Holding, Ahlibank Qatar, Estithmar Holding, Alijarah Holding, Dlala, Qatar German Medical Devices, Widam Food, Ooredoo, Vodafone Qatar and Nakilat.
Nevertheless, QLM, Qatar Islamic Bank, Zad Holding, Doha Bank, Qamco and Barwa were among the gainers in the main bourse.
The foreign institutions turned net sellers to the tune of QR1.22mn compared with net buyers of QR9.81mn on October 26.
The Gulf institutions were net profit takers to the extent of QR9.1mn against net buyers of QR2.8mn the previous day.
However, the local individual investors’ net buying increased substantially to QR12.08mn compared to QR0.67mn on Sunday.
The Arab retail investors turned net buyers to the tune of QR4.13mn against net profit takers of QR3.18mn on October 26.
The Gulf individual investors’ net buying strengthened perceptibly to QR2.49mn compared to QR1.16mn the previous day.
The foreign retail investors were net buyers to the extent of QR2.19mn against net sellers of QR0.21mn on Sunday.
The domestic institutions’ net profit booking weakened significantly to QR0.57mn compared to QR11.05mn on October 26.
The Arab institutions had no major net exposure for the second straight session.
The main market saw 2% contraction in trade volumes to 99.02mn shares but on 32% surge in value to QR286.47mn and 69% in deals to 18,608.
In the venture market, a total of 360 equities valued at QR824 changed hands across one transaction.
The foreign funds were seen net profit takers as the 20-stock Qatar Index settled 0.15% lower at 10,896.08 points, but recovering from an intraday low of 10,850 points.
The Gulf institutions turned bearish in the main market, whose year-to-date gains truncated to 3.07%.
About 73% of the traded constituents were in the red in the main bourse, whose capitalisation melted QR2.24bn or 0.34% to QR651.5bn, mainly on small cap segments.
The domestic funds continued to be net sellers but with lesser intensity in the main market, which saw as many as 0.08mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.65mn trade across 56 deals.
The local retail investors were increasingly net buyers in the main bourse, whose trade turnover grew amidst lower volumes.
The Islamic index was seen declining faster than the other indices of the main market, which saw no trading of treasury bills.
The Arab individual investors turned net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index fell 0.15%, the All Share Index by 0.15% and the All Islamic Index by 0.21% in the main market.
The telecom sector index declined 0.78%, industrials (0.67%), transport (0.65%), real estate (0.38%) and insurance (0.06%); while banks and financial services gained 0.15% and consumer goods and services 0.04%.
As many as 10 stocks gained, while 37 declined and four were unchanged.
Major shakers in the main market included Ezdan, Qatar Electricity and Water, Inma Holding, Ahlibank Qatar, Estithmar Holding, Alijarah Holding, Dlala, Qatar German Medical Devices, Widam Food, Ooredoo, Vodafone Qatar and Nakilat.
Nevertheless, QLM, Qatar Islamic Bank, Zad Holding, Doha Bank, Qamco and Barwa were among the gainers in the main bourse.
The foreign institutions turned net sellers to the tune of QR1.22mn compared with net buyers of QR9.81mn on October 26.
The Gulf institutions were net profit takers to the extent of QR9.1mn against net buyers of QR2.8mn the previous day.
However, the local individual investors’ net buying increased substantially to QR12.08mn compared to QR0.67mn on Sunday.
The Arab retail investors turned net buyers to the tune of QR4.13mn against net profit takers of QR3.18mn on October 26.
The Gulf individual investors’ net buying strengthened perceptibly to QR2.49mn compared to QR1.16mn the previous day.
The foreign retail investors were net buyers to the extent of QR2.19mn against net sellers of QR0.21mn on Sunday.
The domestic institutions’ net profit booking weakened significantly to QR0.57mn compared to QR11.05mn on October 26.
The Arab institutions had no major net exposure for the second straight session.
The main market saw 2% contraction in trade volumes to 99.02mn shares but on 32% surge in value to QR286.47mn and 69% in deals to 18,608.
In the venture market, a total of 360 equities valued at QR824 changed hands across one transaction.
Source: GULF TIMES