2025-10-30
Foreign Retail Investors Turn Net Buyers As QSE Settles Marginally Higher; M-Cap Flat
Ahead of the US Federal Reserve meeting, the Qatar Stock Exchange (QSE) today edged up marginally higher amidst buying interests in four of the seven sectors.
The foreign institutions’ weakened net selling was visible as the 20-stock Qatar Index settled three points higher at 10,928.23 points, recovering from an intraday low of 10,878 points.
The insurance, banks and telecom counters witnessed higher than average demand in the main market, whose year-to-date gains improved to 3.38%.
The domestic funds’ lower net profit booking also had its influence on the main bourse, whose capitalisation was largely flat at QR653.12bn, mainly on microcap segments.
The local retail investors continued to be net profit takers but with lesser vigour in the main market, which saw as many as 1,276 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR9,243 trade across three deals.
The Gulf institutions continued to be bullish but with lesser intensity in the main bourse, whose trade turnover and volumes were on the decline.
The Islamic index was seen declining vis-à-vis gains in the other indices of the main market, which saw no trading of treasury bills.
The foreign retail investors were seen net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index was up 0.03% and the All Share Index by 0.04%, while the All Islamic Index was down 0.01% in the main market.
The insurance sector index rose 0.2%, banks and financial services (0.16%), telecom (0.08%) and consumer goods and services (0.03%); while transport declined 0.35%, real estate (0.17%) and industrials (0.14%).
As many as 18 stocks gained, while 27 declined and seven were unchanged.
Major gainers in the main market included Meeza, Beema, Qatar German Medical Devices, Qatar National Cement, Al Mahhar Holding, Qatar Islamic Bank and Lesha Bank.
In the junior bourse, Techno Q saw its shares appreciate in value.
Nevertheless, as much as 52% of the traded constituents were in the red with major shakers being Estithmar Holding, Gulf Warehousing, Mazaya Qatar, Aamal Company, Qatar Oman Investment, Vodafone Qatar and Nakilat.
The foreign individual investors turned net buyers to the tune of QR1.25mn compared with net sellers of QR3.22mn on Tuesday.
The foreign institutions’ net selling declined substantially to QR8.65mn against QR23.26mn the previous day.
The local individual investors’ net selling shrank significantly to QR22.12mn compared to QR39.09mn on October 28.
The domestic institutions’ net profit booking weakened markedly to QR19.25mn against QR26.87mn on Tuesday.
The Arab retail investors’ net selling declined perceptibly to QR1.5mn compared to QR2.96mn the previous day.
The Gulf individual investors’ net profit booking eased marginally to QR0.06mn against QR1.7mn on October 28.
However, the Gulf institutions’ net buying decreased drastically to QR50.33mn compared to QR97.09mn on Tuesday.
The Arab institutions had no major net exposure for the fourth straight session.
The main market saw an 18% contraction in trade volumes to 106.94mn shares, 38% surge in value to QR299.24mn and 3% in deals to 19,678.
In the venture market, a total of 0.03mn equities valued at QR0.06mn changed hands across 13 transactions.
The foreign institutions’ weakened net selling was visible as the 20-stock Qatar Index settled three points higher at 10,928.23 points, recovering from an intraday low of 10,878 points.
The insurance, banks and telecom counters witnessed higher than average demand in the main market, whose year-to-date gains improved to 3.38%.
The domestic funds’ lower net profit booking also had its influence on the main bourse, whose capitalisation was largely flat at QR653.12bn, mainly on microcap segments.
The local retail investors continued to be net profit takers but with lesser vigour in the main market, which saw as many as 1,276 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR9,243 trade across three deals.
The Gulf institutions continued to be bullish but with lesser intensity in the main bourse, whose trade turnover and volumes were on the decline.
The Islamic index was seen declining vis-à-vis gains in the other indices of the main market, which saw no trading of treasury bills.
The foreign retail investors were seen net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index was up 0.03% and the All Share Index by 0.04%, while the All Islamic Index was down 0.01% in the main market.
The insurance sector index rose 0.2%, banks and financial services (0.16%), telecom (0.08%) and consumer goods and services (0.03%); while transport declined 0.35%, real estate (0.17%) and industrials (0.14%).
As many as 18 stocks gained, while 27 declined and seven were unchanged.
Major gainers in the main market included Meeza, Beema, Qatar German Medical Devices, Qatar National Cement, Al Mahhar Holding, Qatar Islamic Bank and Lesha Bank.
In the junior bourse, Techno Q saw its shares appreciate in value.
Nevertheless, as much as 52% of the traded constituents were in the red with major shakers being Estithmar Holding, Gulf Warehousing, Mazaya Qatar, Aamal Company, Qatar Oman Investment, Vodafone Qatar and Nakilat.
The foreign individual investors turned net buyers to the tune of QR1.25mn compared with net sellers of QR3.22mn on Tuesday.
The foreign institutions’ net selling declined substantially to QR8.65mn against QR23.26mn the previous day.
The local individual investors’ net selling shrank significantly to QR22.12mn compared to QR39.09mn on October 28.
The domestic institutions’ net profit booking weakened markedly to QR19.25mn against QR26.87mn on Tuesday.
The Arab retail investors’ net selling declined perceptibly to QR1.5mn compared to QR2.96mn the previous day.
The Gulf individual investors’ net profit booking eased marginally to QR0.06mn against QR1.7mn on October 28.
However, the Gulf institutions’ net buying decreased drastically to QR50.33mn compared to QR97.09mn on Tuesday.
The Arab institutions had no major net exposure for the fourth straight session.
The main market saw an 18% contraction in trade volumes to 106.94mn shares, 38% surge in value to QR299.24mn and 3% in deals to 19,678.
In the venture market, a total of 0.03mn equities valued at QR0.06mn changed hands across 13 transactions.
Source: GULF TIMES