2025-11-06
Foreign Funds Steer QSE Into Negative Terrain; M-Cap Melts About QR1bn: QSE-November 5
Reflecting the global markets' concerns on valuation, especially of tech companies, the Qatar Stock Exchange today closed in the negative with its key index losing about 21 points, even as it managed to stay above 11,000 levels.
The transport and industrials counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.19% to 11,006.6 points, recovering from an intraday low of 10,959 points.
The foreign funds were seen net profit takers in the main market, whose year-to-date gains truncated to 4.12%.
The foreign individuals turned bearish in the main bourse, whose capitalisation shed QR0.97bn or 0.15% to QR655.95bn, mainly on microcap segments.
The Arab retail investors were seen net sellers in the main market, which saw as many as 0.16mn exchange traded funds (sponsored by AlRayan Bank) valued at QR0.38mn trade across 70 deals.
The domestic institutions continued to be bearish but with lesser intensity in the main bourse, whose trade turnover were down amidst higher volumes.
The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills.
The local retail investors were seen increasingly bullish in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index fell 0.19%, the All Share Index by 0.12% and the All Islamic Index by 0.13% in the main market.
The transport sector index shed 1.11%, industrials (0.28%), insurance (0.18%), real estate (0.05%) and banks and financial services (0.04%); while consumer goods and services gained 0.47% and telecom 0.34%.
As many as 17 stocks gained, while 33 declined and two were unchanged.
About 64% of the traded constituents were in the red in the main market with major losers being QLM, Qamco, Qatar Islamic Insurance, Estithmar Holding, Nakilat, Mazaya Qatar and Milaha. In the juniour bourse, Techno Q saw its shares depreciate in value.
Nevertheless, Qatar General Insurance and Reinsurance, Meeza, Baladna, Dlala, Medicare Group and Ooredoo were among the movers in the main market.
The foreign institutions turned net sellers to the tune of QR14.84mn compared with net buyers of QR6.44mn the previous day.
The foreign individuals were net profit takers to the extent of QR10.25mn against net buyers of QR2.73mn on Tuesday.
The Arab retail investors turned net sellers to the tune of QR4.72mn compared with net buyers of QR2.44mn on November 4.
The Gulf institutions’ net buying weakened marginally to QR17.96mn against QR18.12mn the previous day.a
However, the local individual investors’ net buying expanded perceptibly to QR16.8mn compared to QR15.96mn on Tuesday.
The Gulf individuals turned net buyers to the tune of QR1.36mn against net profit takers of QR0.58mn on November 4.
The domestic institutions’ net selling weakened substantially to QR6.31mn compared to QR45.1mn the previous day.
The Arab institutions had no major net exposure.
The main market saw 10% jump in trade volumes to 115.48mn shares but on less than 1% contraction in value to QR316.54mn and 42% in deals to 18,480.
In the venture market, a total of 0.16mn equities valued at QR0.37mn changed hands across 20 transactions.
The transport and industrials counters witnessed higher than average selling pressure as the 20-stock Qatar Index shed 0.19% to 11,006.6 points, recovering from an intraday low of 10,959 points.
The foreign funds were seen net profit takers in the main market, whose year-to-date gains truncated to 4.12%.
The foreign individuals turned bearish in the main bourse, whose capitalisation shed QR0.97bn or 0.15% to QR655.95bn, mainly on microcap segments.
The Arab retail investors were seen net sellers in the main market, which saw as many as 0.16mn exchange traded funds (sponsored by AlRayan Bank) valued at QR0.38mn trade across 70 deals.
The domestic institutions continued to be bearish but with lesser intensity in the main bourse, whose trade turnover were down amidst higher volumes.
The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills.
The local retail investors were seen increasingly bullish in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index fell 0.19%, the All Share Index by 0.12% and the All Islamic Index by 0.13% in the main market.
The transport sector index shed 1.11%, industrials (0.28%), insurance (0.18%), real estate (0.05%) and banks and financial services (0.04%); while consumer goods and services gained 0.47% and telecom 0.34%.
As many as 17 stocks gained, while 33 declined and two were unchanged.
About 64% of the traded constituents were in the red in the main market with major losers being QLM, Qamco, Qatar Islamic Insurance, Estithmar Holding, Nakilat, Mazaya Qatar and Milaha. In the juniour bourse, Techno Q saw its shares depreciate in value.
Nevertheless, Qatar General Insurance and Reinsurance, Meeza, Baladna, Dlala, Medicare Group and Ooredoo were among the movers in the main market.
The foreign institutions turned net sellers to the tune of QR14.84mn compared with net buyers of QR6.44mn the previous day.
The foreign individuals were net profit takers to the extent of QR10.25mn against net buyers of QR2.73mn on Tuesday.
The Arab retail investors turned net sellers to the tune of QR4.72mn compared with net buyers of QR2.44mn on November 4.
The Gulf institutions’ net buying weakened marginally to QR17.96mn against QR18.12mn the previous day.a
However, the local individual investors’ net buying expanded perceptibly to QR16.8mn compared to QR15.96mn on Tuesday.
The Gulf individuals turned net buyers to the tune of QR1.36mn against net profit takers of QR0.58mn on November 4.
The domestic institutions’ net selling weakened substantially to QR6.31mn compared to QR45.1mn the previous day.
The Arab institutions had no major net exposure.
The main market saw 10% jump in trade volumes to 115.48mn shares but on less than 1% contraction in value to QR316.54mn and 42% in deals to 18,480.
In the venture market, a total of 0.16mn equities valued at QR0.37mn changed hands across 20 transactions.
Source: GULF TIMES