2025-10-13
Foreign Funds’ Sell-Off Drags QSE Below 10,900 Points
Reflecting concerns on the international markets due to the US' additional tariffs on China, the Qatar Stock Exchange (QSE) today fell about 94 points to settle below 10,900 levels and market capitalisation eroded in excess of QR4bn.
The foreign funds were seen net profit takers as the 20-stock Qatar Index shed 0.86% to 10,839.72 points, although it touched an intraday high of 10,932 points.
An across the board selling, especially in the insurance, transport and banking counters, was dragged the main market, whose year-to-date gains truncated to 2.54%.
About 83% of the traded constituents were in the red in the main bourse, whose capitalisation eroded QR4.29bn or 0.66% to QR649.93bn; mainly on mid and small cap segments.
The Arab individuals were increasingly net sellers in the main market, which saw as many as 0.38mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.88mn trade across 71 deals.
The Gulf funds were also increasingly bearish in the main bourse, whose trade turnover and volumes were on the rise.
The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills.
However, the local retail investors were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index declined 0.86%, the All Share Index by 0.83% and the All Islamic Index 0.81% in the main market.
The insurance sector index tanked 1.35%, transport (1.31%), banks and financial services (0.9%), industrials (0.77%), telecom (0.38%), real estate (0.32%) and consumer goods and services (0.25%).
As many as 43 stocks declined, while only eight increased and one was unchanged.
Major shakers in the main market included QLM, Qatar National Cement, Qatar Islamic Bank, Qatar Insurance, Qatar German Medical Devices, Lesha Bank, Mannai Corporation, Al Faleh Educational Holding, Qamco, Qatar Electricity and Water, Barwa, Milaha and Nakilat. In the junior bourse, Techno Q saw its shares depreciate in value.
Nevertheless, Ezdan, Ahlibank Qatar, Estithmar Holding, Mazaya Qatar and Zad Holding were among the gainers in the main market.
The foreign institutions turned net sellers to the tune of QR21.95mn compared with net buyers of QR22.61mn on October 9.
The Arab individual investors’ net selling increased markedly to QR2.41mn against QR1.4mn the previous trading day.
The Gulf institutions’ net buying weakened marginally to QR4.08mn compared to QR4.13mn last Thursday.
However, the local individual investors were net buyers to the extent of QR20.17mn against net sellers of QR14.28mn on October 9.
The foreign retail investors turned net buyers to the tune of QR4.14mn compared with net sellers of QR1.14mn the previous trading day.
The domestic institutions were net buyers to the extent of QR1mn against net profit takers of QR7.77mn last Thursday.
The Arab institutions’ net buying strengthened marginally to QR0.31mn compared to QR0.15mn on October 9.
The Gulf retail investors’ net profit booking shrank noticeably to QR0.34mn against QR2.29mn the previous trading day.
The main market saw 24% jump in trade volumes to 133.19mn shares and 10% in value to QR288mn but on 28% contraction in deals to 13,421.
In the venture market, a total of 0.03mn equities valued at QR0.07mn changed hands across 14 transactions.
The foreign funds were seen net profit takers as the 20-stock Qatar Index shed 0.86% to 10,839.72 points, although it touched an intraday high of 10,932 points.
An across the board selling, especially in the insurance, transport and banking counters, was dragged the main market, whose year-to-date gains truncated to 2.54%.
About 83% of the traded constituents were in the red in the main bourse, whose capitalisation eroded QR4.29bn or 0.66% to QR649.93bn; mainly on mid and small cap segments.
The Arab individuals were increasingly net sellers in the main market, which saw as many as 0.38mn exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.88mn trade across 71 deals.
The Gulf funds were also increasingly bearish in the main bourse, whose trade turnover and volumes were on the rise.
The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills.
However, the local retail investors were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index declined 0.86%, the All Share Index by 0.83% and the All Islamic Index 0.81% in the main market.
The insurance sector index tanked 1.35%, transport (1.31%), banks and financial services (0.9%), industrials (0.77%), telecom (0.38%), real estate (0.32%) and consumer goods and services (0.25%).
As many as 43 stocks declined, while only eight increased and one was unchanged.
Major shakers in the main market included QLM, Qatar National Cement, Qatar Islamic Bank, Qatar Insurance, Qatar German Medical Devices, Lesha Bank, Mannai Corporation, Al Faleh Educational Holding, Qamco, Qatar Electricity and Water, Barwa, Milaha and Nakilat. In the junior bourse, Techno Q saw its shares depreciate in value.
Nevertheless, Ezdan, Ahlibank Qatar, Estithmar Holding, Mazaya Qatar and Zad Holding were among the gainers in the main market.
The foreign institutions turned net sellers to the tune of QR21.95mn compared with net buyers of QR22.61mn on October 9.
The Arab individual investors’ net selling increased markedly to QR2.41mn against QR1.4mn the previous trading day.
The Gulf institutions’ net buying weakened marginally to QR4.08mn compared to QR4.13mn last Thursday.
However, the local individual investors were net buyers to the extent of QR20.17mn against net sellers of QR14.28mn on October 9.
The foreign retail investors turned net buyers to the tune of QR4.14mn compared with net sellers of QR1.14mn the previous trading day.
The domestic institutions were net buyers to the extent of QR1mn against net profit takers of QR7.77mn last Thursday.
The Arab institutions’ net buying strengthened marginally to QR0.31mn compared to QR0.15mn on October 9.
The Gulf retail investors’ net profit booking shrank noticeably to QR0.34mn against QR2.29mn the previous trading day.
The main market saw 24% jump in trade volumes to 133.19mn shares and 10% in value to QR288mn but on 28% contraction in deals to 13,421.
In the venture market, a total of 0.03mn equities valued at QR0.07mn changed hands across 14 transactions.
Source: GULF TIMES