QSE remains on a positive trajectory for the buying interests of Gulf institutions


The increased net buying interest from Gulf institutions helped the Qatar Stock Exchange stay afloat on the positive trajectory this week, which nonetheless saw the world’s major oil producers failing to reach consensus on reducing the price. offer.
Transport, real estate and industry counters saw above-average demand, with the Qatar 20-stock index rising 0.33% this week, allowing Qatar Islamic Bank to partner with Group Securities to provide digital brokerage services.
Arab individuals were seen bullish this week, which saw QNB and The Group stocks together making up around 69% of the exchange’s total revenue.
The weakened net selling of domestic funds also had its influence this week, which saw a total of 87,814 QATR exchange-traded funds sponsored by Masraf Al Rayan, valued at QR 216,556, change hands in 35 deals.
Foreign institutions continued to be net buyers, but with less intensity this week, with a total of 3,045 QETF sponsored by the Doha Bank, valued at QR 32,401, out of eight transactions.
Market cap saw an increase of over QR 1 billion or 0.22% to QR 627.8 billion, mostly in the small and micro-capitalization segments this week, which saw the industrials and goods sectors consumption and services together constitute about 55% of the total volume of trade.
The transport sector gained 2.82%, real estate (1.22%), industry (0.67%), consumer goods and services (0.12%) and insurance (0.11 %); while telecoms were down 2.4% and banks and financials 0.23% this week which saw an equal number of winners and shakers.
The main winners were Industries Qatar, Nakilat, Qatar Islamic Insurance, Qatari German Medical Devices, Mazaya Qatar, Commercial Bank, Medicare Group, Mannai Corporation, Qatar Industrial Manufacturing, QLM and Ezdan this week, which saw no bond trading. sovereigns.
The main losers are Ooredoo, Qatari Investors Group, Salam International Investment, Inma Holding, Qatar Cinema and Film, QNB, Doha Bank, QIIB, Qatar First Bank, Qatar Oman Investment, Baladna, Qamco and Qatar General Insurance and Reinsurance this week which does not ‘ve seen no treasury bill trading.
Overall turnover and trade volumes were down this week, with manufacturers accounting for 33% of total trade volume, consumer goods and services 22%, real estate (20%), banks and financial services (14%), transport. (6%), telecoms (3%) and insurance (2%) this week.
In value, the share of the banking and financial services sector was 29% of the total, manufacturers (27%), consumer goods and services (17%), real estate (12%), transport (9 %), telecoms (5%) and insurance (3%) this week.
Net purchases by Gulf institutions increased significantly to QR 38.85 million from QR 9.03 million in the week ended July 1.
Arab individuals became net buyers to the tune of QR 5.41 million against net sellers of QR 6.93 million a week ago.
Net sales of national institutions fell significantly to QR 65.76 million from QR 92.18 million the previous week.
However, net sales of Qatari individuals notably increased to QR 29.36 million from QR 27.83 million in the week ended July 1.
Foreign individuals became net sellers to the tune of QR 17.83 million compared to net buyers of QR 4.39 million a week ago.
The net profit reservation of Arab institutions edged up to QR 0.33 million from QR 0.21 million the previous week.
Net purchases by foreign funds fell significantly to QR 68.27 million from QR 112.86 million in the week ended July 1.
Net purchases by individuals in the Gulf fell slightly to QR0.76mn against QR0.86mn a week ago.
Total trading volume fell 33% to 584.27 million shares, value 24% to QR 1.43 billion, and trades 24% to 33,349.
The trade volume of the consumer goods and services sector fell 56% to 130.06 million shares, a value of 44% to QR 239.38 million, and transactions 33% to 6,087.
The banking and financial services sector saw its trading volume plunge 44% to 82.94 million shares, 33% in value to QR 409.3 million and 38% transactions to 7,669.
The telecommunications sector’s trade volume reached 40% to 16.81 million shares, a value of 34% to QR 70.38 million and transactions 35% to 3,152.
The market saw a 30% contraction in industrial sector trade volume to 191.17 million shares, 21% in value to QR378.83 million and 19% in transactions to 8,357.
However, the transport sector’s trade volume soared 88% to 34.36 million shares, the value 74% to QR 126.61 million, and transactions 56% to 2,577.
Insurance sector trade volume increased 20% to 9.89 million shares, 41% in value to QR 38.66 million, and trades 13% to 965 million.
The real estate sector’s trade volume jumped 15% to 119.04 million shares, the value 9% to 164.6 million QR and transactions 4% to 4,542.


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