2025-11-07
QSE Mirrors Global Trends as Index Gains 52 Points; M-Cap Adds QR3.66bn: QSE-November 6
Mirroring the trends in the global markets, the Qatar Stock Exchange yesterday gained more than 52 points on the back of strong buying interests from foreign institutions.
The telecom, insurance and banking counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.48% to 11,053.92 points, recovering from an intraday low of 11,006 points.
The Gulf individuals’ weakened net selling had its influence on the main market, whose year-to-date gains improved to 4.61%.
More than 62% of the traded constituents extended gains to investors in the main bourse, whose capitalisation added QR3.66bn or 0.56% to QR659.61bn, mainly on midcap segments.
The Gulf funds and retail investors continued to be bullish but with lesser intensity in the main market, which saw as many as 0.05mn exchange traded funds (sponsored by AlRayan Bank) valued at QR0.12mn trade across 32 deals.
The local retail investors were seen net sellers in the main bourse, whose trade turnover and volumes were on the rise.
The Islamic index was seen gaining slower than the other indices of the main market, which saw no trading of treasury bills.
The Arab retail investors were seen increasingly bearish in the main bourse, which saw a total of 10 sovereign bonds valued at QR0.1mn trade across one deal.
The Total Return Index rose 0.48%, the All Share Index by 0.52% and the All Islamic Index by 0.39% in the main market.
The telecom sector index shot up 2.09%, insurance (1.31%), banks and financial services (0.6%), transport (0.35%), real estate (0.25%) and consumer goods and services (0.21%); while industrials were down 0.09%.
As many as 33 stocks gained, while 14 declined and six were unchanged.
Major movers in the main market include Qatar General Insurance and Reinsurance, Ooredoo, Doha Bank, QLM, Qatar German Medical Devices and Gulf Warehousing. In the juniour bourse, Techno Q saw its shares appreciate in value.
Nevertheless, Gulf International Services, Meeza, Qatar Islamic Insurance, Qatar Oman Investment and Mesaieed Industrial Holding were among the shakers in the main market.
The foreign institutions turned net buyers to the tune of QR46.42mn compared with net sellers of QR14.84mn the previous day.
The foreign individual investors’ net selling declined noticeably to QR2.91mn against QR10.25mn on Wednesday.
However, the local individuals were net sellers to the extent of QR27.84mn compared with net buyers of QR16.8mn on November 5.
The domestic institutions’ net selling strengthened substantially to QR18.4mn against QR6.31mn the previous day.
The Arab retail investors’ net profit booking expanded markedly to QR6.51mn compared to QR4.72mn on Wednesday.
The Gulf institutions’ net buying weakened significantly to QR9.01mn against QR17.96mn on November 5.
The Gulf individual investors’ net buying eased notably to QR0.24mn compared to QR1.36mn the previous day.
The Arab institutions had no major net exposure.
The main market saw 4% jump in trade volumes to 120.4mn shares, 25% in value to QR395.5mn and 56% in deals to 28,893.
In the venture market, a total of 1,021 equities valued at QR2,335 changed hands across three transactions.
The telecom, insurance and banking counters witnessed higher than average demand as the 20-stock Qatar Index rose 0.48% to 11,053.92 points, recovering from an intraday low of 11,006 points.
The Gulf individuals’ weakened net selling had its influence on the main market, whose year-to-date gains improved to 4.61%.
More than 62% of the traded constituents extended gains to investors in the main bourse, whose capitalisation added QR3.66bn or 0.56% to QR659.61bn, mainly on midcap segments.
The Gulf funds and retail investors continued to be bullish but with lesser intensity in the main market, which saw as many as 0.05mn exchange traded funds (sponsored by AlRayan Bank) valued at QR0.12mn trade across 32 deals.
The local retail investors were seen net sellers in the main bourse, whose trade turnover and volumes were on the rise.
The Islamic index was seen gaining slower than the other indices of the main market, which saw no trading of treasury bills.
The Arab retail investors were seen increasingly bearish in the main bourse, which saw a total of 10 sovereign bonds valued at QR0.1mn trade across one deal.
The Total Return Index rose 0.48%, the All Share Index by 0.52% and the All Islamic Index by 0.39% in the main market.
The telecom sector index shot up 2.09%, insurance (1.31%), banks and financial services (0.6%), transport (0.35%), real estate (0.25%) and consumer goods and services (0.21%); while industrials were down 0.09%.
As many as 33 stocks gained, while 14 declined and six were unchanged.
Major movers in the main market include Qatar General Insurance and Reinsurance, Ooredoo, Doha Bank, QLM, Qatar German Medical Devices and Gulf Warehousing. In the juniour bourse, Techno Q saw its shares appreciate in value.
Nevertheless, Gulf International Services, Meeza, Qatar Islamic Insurance, Qatar Oman Investment and Mesaieed Industrial Holding were among the shakers in the main market.
The foreign institutions turned net buyers to the tune of QR46.42mn compared with net sellers of QR14.84mn the previous day.
The foreign individual investors’ net selling declined noticeably to QR2.91mn against QR10.25mn on Wednesday.
However, the local individuals were net sellers to the extent of QR27.84mn compared with net buyers of QR16.8mn on November 5.
The domestic institutions’ net selling strengthened substantially to QR18.4mn against QR6.31mn the previous day.
The Arab retail investors’ net profit booking expanded markedly to QR6.51mn compared to QR4.72mn on Wednesday.
The Gulf institutions’ net buying weakened significantly to QR9.01mn against QR17.96mn on November 5.
The Gulf individual investors’ net buying eased notably to QR0.24mn compared to QR1.36mn the previous day.
The Arab institutions had no major net exposure.
The main market saw 4% jump in trade volumes to 120.4mn shares, 25% in value to QR395.5mn and 56% in deals to 28,893.
In the venture market, a total of 1,021 equities valued at QR2,335 changed hands across three transactions.
Source: GULF TIMES