2025-10-20
Qatar Stock Exchange Opens Weak as Banks and Consumer Goods Counters See Strong Selling Pressure
The Qatar Stock Exchange (QSE) today opened the week weak with its key index losing more than 13 points on selling pressure especially in the banks and consumer goods sectors.
The Arab individuals were seen increasingly bearish as the 20-stock Qatar Index shed 0.13% to 10,837.18 points, although it touched an intraday high of 10,899 points.
The foreign institutions’ weakened net buying had its influence on the main market, whose year-to-date gains truncated to 2.52%
More than 47% of the traded constituents were in the red in the main bourse, whose capitalisation was rather flat at QR649.3bn despite selling pressure in microcap segments.
The local retail investors continued to be net profit takers but with lesser intensity in the main market, which saw as many as 3,676 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.04mn trade across 14 deals.
The Gulf individuals also continued to be net sellers but with lesser vigour in the main bourse, whose trade turnover and volumes were on the decline.
The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills.
The Gulf funds were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index fell 0.13%, the All Islamic Index by 0.06% and the All Share Index by 0.1% in the main market.
The banks and financial services sector index shrank 0.4%, consumer goods and services (0.24%) and telecom (0.09%); while industrials gained 0.56%, real estate (0.35%), transport (0.28%) and insurance (0.04%).
As many as 22 stocks gained, while 25 declined and six were unchanged.
Major shakers in the main market included Qatar General Insurance and Reinsurance, Medicare Group, Estithmar Holding, Qatar Islamic Bank, Commercial Bank, Vodafone Qatar and Milaha. In the junior bourse, Techno Q saw its shares depreciate in value.
Nevertheless, QLM, Qamco, Mesaieed Petrochemical Holding, Qatar Electricity and Water, Qatar Insurance, Widam Food, Al Mahhar Holding, Industries Qatar, Ezdan, Nakilat and Gulf Warehousing were among the movers in the main market.
The Arab individual investors’ net selling increased noticeably to QR6.41mn compared to QR1.98mn last Thursday.
The foreign institutions’ net buying weakened significantly to QR0.21mn against QR35.7mn the previous trading day.
However, the Gulf institutions’ net buying strengthened perceptibly to QR14.3mn compared to QR12.73mn on October 16.
The domestic funds turned net buyers to the tune of QR6.14mn against net profit takers of QR6.52mn last Thursday.
The foreign retail investors’ net buying expanded marginally to QR1.87mn compared to QR1.78mn the previous trading day.
The local individual investors’ net selling weakened substantially to QR10.9mn against QR32.66mn on October 16.
The Gulf retail investors’ net profit booking eased markedly to QR5.21mn compared to QR9.09mn last Thursday.
The Arab institutions had no major net exposure against net buyers to the extent of QR0.04mn on October 16.
The main market saw 28% contraction in trade volumes to 98.11mn shares, 44% in value to QR240.93mn and 41% in deals to 14,462.
In the venture market, a total of 9,508 equities valued at QR0.2mn changed hands across six transactions.
The Arab individuals were seen increasingly bearish as the 20-stock Qatar Index shed 0.13% to 10,837.18 points, although it touched an intraday high of 10,899 points.
The foreign institutions’ weakened net buying had its influence on the main market, whose year-to-date gains truncated to 2.52%
More than 47% of the traded constituents were in the red in the main bourse, whose capitalisation was rather flat at QR649.3bn despite selling pressure in microcap segments.
The local retail investors continued to be net profit takers but with lesser intensity in the main market, which saw as many as 3,676 exchange traded funds (sponsored by AlRayan Bank and Doha Bank) valued at QR0.04mn trade across 14 deals.
The Gulf individuals also continued to be net sellers but with lesser vigour in the main bourse, whose trade turnover and volumes were on the decline.
The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills.
The Gulf funds were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds.
The Total Return Index fell 0.13%, the All Islamic Index by 0.06% and the All Share Index by 0.1% in the main market.
The banks and financial services sector index shrank 0.4%, consumer goods and services (0.24%) and telecom (0.09%); while industrials gained 0.56%, real estate (0.35%), transport (0.28%) and insurance (0.04%).
As many as 22 stocks gained, while 25 declined and six were unchanged.
Major shakers in the main market included Qatar General Insurance and Reinsurance, Medicare Group, Estithmar Holding, Qatar Islamic Bank, Commercial Bank, Vodafone Qatar and Milaha. In the junior bourse, Techno Q saw its shares depreciate in value.
Nevertheless, QLM, Qamco, Mesaieed Petrochemical Holding, Qatar Electricity and Water, Qatar Insurance, Widam Food, Al Mahhar Holding, Industries Qatar, Ezdan, Nakilat and Gulf Warehousing were among the movers in the main market.
The Arab individual investors’ net selling increased noticeably to QR6.41mn compared to QR1.98mn last Thursday.
The foreign institutions’ net buying weakened significantly to QR0.21mn against QR35.7mn the previous trading day.
However, the Gulf institutions’ net buying strengthened perceptibly to QR14.3mn compared to QR12.73mn on October 16.
The domestic funds turned net buyers to the tune of QR6.14mn against net profit takers of QR6.52mn last Thursday.
The foreign retail investors’ net buying expanded marginally to QR1.87mn compared to QR1.78mn the previous trading day.
The local individual investors’ net selling weakened substantially to QR10.9mn against QR32.66mn on October 16.
The Gulf retail investors’ net profit booking eased markedly to QR5.21mn compared to QR9.09mn last Thursday.
The Arab institutions had no major net exposure against net buyers to the extent of QR0.04mn on October 16.
The main market saw 28% contraction in trade volumes to 98.11mn shares, 44% in value to QR240.93mn and 41% in deals to 14,462.
In the venture market, a total of 9,508 equities valued at QR0.2mn changed hands across six transactions.
Source: GULF TIMES