2025-08-25
Gainers Outnumber Losers on QSE, but Index Closes 20 Points Lower; M-Cap Melts QR1.11bn
The Qatar Stock Exchange (QSE) on Sunday opened the week weak with its key index losing 20 points despite gainers outnumbering losers by wide margin.
The Gulf institutions were seen net profit takers as the 20-stock Qatar Index shed 0.18% to 11,322.64 points, although it touched an intraday high of 11,388 points.
The banks and insurance counters witnessed higher than average selling pressure in the main market, whose year-to-date gains truncated to 7.11%.
The Gulf individuals turned bearish in the main bourse, whose capitalisation shed QR1.11bn or 0.16% to QR674.61bn mainly on microcap segments.
The local retail investors were increasingly net sellers in the main market, which saw as many as 45 exchange traded funds (sponsored by AlRayan Bank) valued at QR108 trade across one deal.
The domestic institutions’ weakened net buying had its influence on the main bourse, whose trade turnover and volumes were on the decrease.
The Islamic index made gains vis-à-vis decline in the other indices of the main market, which saw no trading of treasury bills.
The foreign funds continued to be net sellers but with lesser intensity in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index was down 0.18% and the All Share Index by 0.23%; while the All Islamic Index was up 0.05% in the main market.
The banks and financial services sector index declined 0.69%, insurance (0.34%) and telecom (0.18%); while industrials gained 0.57%, real estate (0.48%), transport (0.4%) and consumer goods and services (0.27%).
Major losers in the main market included Baladna, QNB, Qatar Insurance, Qatar Islamic Bank, Doha Insurance, Mekdam Holding, Commercial Bank, QIIB, AlRayan Bank and Ooredoo.
In the junior bourse, Techno Q saw its shares depreciate in value.
Nevertheless, about 59% of the traded constituents extended gains to investors in the main bourse with major gainers being QLM, Medicare Group, Al Faleh Educational Holding, Qatar German Medical Devices, Qatar Electricity and Water, Dlala, Mannai Corporation, Industries Qatar, Aamal Company, Qamco, Ezdan and Nakilat.
The Gulf institutions turned net sellers to the tune of QR7.1mn compared with net buyers of QR1.45mn last Thursday.
The local retail individuals’ net selling increased marginally to QR2.4mn against QR2.18mn the previous trading day.
The Gulf individuals were net profit taker to the extent of QR1.41mn compared with net buyers of QR0.4mn on August 21.
The domestic institutions’ net buying decreased perceptibly to QR4.54mn against QR5.94mn last Thursday.
However, the Arab individuals’ net buying expanded noticeably to QR6.09mn compared to QR2.32mn the previous trading day.
The foreign retail investors’ net buying strengthened marginally to QR1.58mn against QR1.34mn on August 21.
The foreign institutions’ net profit booking decreased markedly to QR1.3mn compared to QR9.1mn last Thursday.
The Arab institutions had no major net exposure against net sellers to the extent of QR0.16mn the previous trading day.
The main market saw a 9% contraction in trade volumes to 114.74mn shares, 24% in value to QR263.28mn and 46% in deals to 12,153.
In the venture market, a total of 0.37mn equities valued at QR1.05mn changed hands across 54 transactions.
The Gulf institutions were seen net profit takers as the 20-stock Qatar Index shed 0.18% to 11,322.64 points, although it touched an intraday high of 11,388 points.
The banks and insurance counters witnessed higher than average selling pressure in the main market, whose year-to-date gains truncated to 7.11%.
The Gulf individuals turned bearish in the main bourse, whose capitalisation shed QR1.11bn or 0.16% to QR674.61bn mainly on microcap segments.
The local retail investors were increasingly net sellers in the main market, which saw as many as 45 exchange traded funds (sponsored by AlRayan Bank) valued at QR108 trade across one deal.
The domestic institutions’ weakened net buying had its influence on the main bourse, whose trade turnover and volumes were on the decrease.
The Islamic index made gains vis-à-vis decline in the other indices of the main market, which saw no trading of treasury bills.
The foreign funds continued to be net sellers but with lesser intensity in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index was down 0.18% and the All Share Index by 0.23%; while the All Islamic Index was up 0.05% in the main market.
The banks and financial services sector index declined 0.69%, insurance (0.34%) and telecom (0.18%); while industrials gained 0.57%, real estate (0.48%), transport (0.4%) and consumer goods and services (0.27%).
Major losers in the main market included Baladna, QNB, Qatar Insurance, Qatar Islamic Bank, Doha Insurance, Mekdam Holding, Commercial Bank, QIIB, AlRayan Bank and Ooredoo.
In the junior bourse, Techno Q saw its shares depreciate in value.
Nevertheless, about 59% of the traded constituents extended gains to investors in the main bourse with major gainers being QLM, Medicare Group, Al Faleh Educational Holding, Qatar German Medical Devices, Qatar Electricity and Water, Dlala, Mannai Corporation, Industries Qatar, Aamal Company, Qamco, Ezdan and Nakilat.
The Gulf institutions turned net sellers to the tune of QR7.1mn compared with net buyers of QR1.45mn last Thursday.
The local retail individuals’ net selling increased marginally to QR2.4mn against QR2.18mn the previous trading day.
The Gulf individuals were net profit taker to the extent of QR1.41mn compared with net buyers of QR0.4mn on August 21.
The domestic institutions’ net buying decreased perceptibly to QR4.54mn against QR5.94mn last Thursday.
However, the Arab individuals’ net buying expanded noticeably to QR6.09mn compared to QR2.32mn the previous trading day.
The foreign retail investors’ net buying strengthened marginally to QR1.58mn against QR1.34mn on August 21.
The foreign institutions’ net profit booking decreased markedly to QR1.3mn compared to QR9.1mn last Thursday.
The Arab institutions had no major net exposure against net sellers to the extent of QR0.16mn the previous trading day.
The main market saw a 9% contraction in trade volumes to 114.74mn shares, 24% in value to QR263.28mn and 46% in deals to 12,153.
In the venture market, a total of 0.37mn equities valued at QR1.05mn changed hands across 54 transactions.
Source: GULF TIMES