The Qatar Exchange weakened yesterday despite buying support from domestic institutions.

Mainly paced by large cap equities, the QE Index (based on price data) fell 0.11% to 8,276.74 points. The market is down 5.72% year-to-date.

All Share Index (comprising wider constituents) and Total Return Index also lost 0.06% and 0.11% to 1,997.20 and 11,201.41 points. Both the indices factored in dividend income as well.

Major shakers included QNB, Industries Qatar, Mazaya Qatar, Vodafone Qatar and Milaha; even as Mawashi, Qatari Investors Group, Gulf International Services and Barwa bucked the trend.

Under the All Share Index category, the transport index shrank 0.62%, banks and financial services (0.23%) and telecom (0.13%); while the indices of insurance, realty, industrials and consumer goods gained 0.90%, 0.36%, 0.16% and 0.08% respectively.

Market capitalisation was down 0.20% or QR89mn to QR453.82bn with large and mid cap equities losing 0.21% and 0.06%; whereas micro and small caps added 0.47% and 0.44% respectively.

Of the 42 stocks, only 13 advanced, while 17 declined, seven were unchanged and five were not traded.

Qatari individual investors turned marginally bearish as they were net sellers to the tune of 0.04% compared with net buyers of 2.68% the previous day. Their net selling amounted to QR0.08mn.

A lower 53.01% of them purchased equities compared to 55.40% on Sunday while a marginally higher 53.05% sold against 52.72%.

Non-Qatari retail investors were increasingly bullish as their net buying rose to 4.45% from 3.54% the previous day. Their net buying was QR9.45mn.

A higher 21.17% of them were into buying against 17.40% on Sunday and a higher 16.72% were into offloading against 13.86%.


Foreign institutions’ profit booking strengthened as their net selling soared to 11.58% from 10.01% the previous day. Their net selling was QR24.49mn.

A lower 6.29% of them were into buying against 9.44% on Sunday and a lower 17.87% of them into selling compared to 19.45%.

Domestic institutions were increasingly bullish as their net buying rose to 7.16% from 3.79% the previous day. Their net buying was QR15.14mn.

A higher 19.52% of them bought equities compared to 17.76% on Sunday while a marginally lower 12.36% offloaded against 13.97%.

Total trading volume gained 56% to 6.47mn equities, value by 20% to QR211.47mn and deals by 34% to 3,626.

The industrials sector’s trading volume more than tripled to 2.16mn shares and value more than doubled to QR65.61mn on more than doubled transactions to 1,007.
The insurance sector’s trading volume tripled to 0.03mn shares and value more than doubled to QR1.80mn but deals shrank 17% to 19.

The banks and financial services sector’s trading volume more than doubled to 1.90mn shares, value surged 59% to QR57.57mn and transactions by 65% to 907.
The telecom sector’s trading volume expanded 29% to 0.22mn shares, value by 8% to QR4.36mn and deals by 7% to 130.

The real estate sector’s trading volume rose 21% to 0.80mn shares, value by 4% to QR13.84mn and transactions by 19% to 360.

However, the consumer goods and services sector’s trading volume declined 29% to 0.96mn shares, value by 28% to QR57.07mn and deals by 10% to 928.

The transport sector’s trading volume was down 2% to 0.40mn shares and value by 8% to QR11.22mn while transactions surged 22% to 275.

Actively traded stocks (in terms of volume) were Qatari Investors Group (1.80mn shares); Qatar Oman Investment (819,254); Mawashi (808,365); Masraf Al Rayan (566,197) and Mazaya Qatar (470,280).

In the debt market, there was no trading of treasury bills.