Middle East

QSE exceeds 12,400 points with a wide range of buying profits

The Qatar Stock Exchange Sunday opened the week with stronger notes, its key barometer easily surpassing the 12,400 level, supported by positive corporate earnings expectations.
In particular, full-scale buying at telecom, real estate and bank counters raised the Qatar index of 20 shares by more than 115 points (0.94%) to 12,433.53 points, recovering from the daytime low of 12,318 points.
Gulf countries and domestic financial institutions have been bullish on the market, with year-to-date rises further rising to 6.95%.
Approximately 74% of the components traded expanded profits to investors with capital of approximately 9 billion QR or 1.26% increase to 70.909 billion QR, primarily in the context of the medium and small cap segment.
The Islamic index has been found to rise faster than traditional indexes in markets where consumer goods, real estate and industry account for about three-quarters of transaction volume.
Arab retail investors are bullish in key markets, with a total of 129,027 exchange trading funds (Masraf Al Rayan-sponsored QATR and Doha Bank-sponsored QETF) trading at 1.47 million QR in 24 transactions.
In markets where there were no sovereign or government bond transactions, the total return index rose 0.94% to 24,612.92 points, the all-share index rose 0.94% to 3,918.1 points and the Arrayan Islamic index (price) rose 0.95% to 2,745.95. It became a point. ..
Telecom sector index rose 1.28%, real estate (1.27%), banking and financial services (1.08%), industry (0.9%), transportation (0.66%), consumer goods and services (0.29%), insurance (0.29%) Followed it. 0.11%).
Major winners in major markets include Ezdan, Salam International Investment, Qatar Oman Investment, Qatar Islamic Insurance, Gulf International Services, QNB, Qatar Islamic Bank, Maslav Arrayan, Alijara Holding, Mannai Corporation, Balladna. , Industries Qatar, Investment Holding Group, Mazaya Qatar and Ooredoo.
In the venture market, both Al Faleh Educational Holding and Mekdam Holding appreciated the value of their stock.
Mesaieed Petrochemical Holding, QLM, Al Khaleej Takaful, QII, and Qatar First Bank were one of the losers in the major markets.
The Gulf Fund was a net buyer with a QR of 28.5 million, compared to a net seller of QR 1.52 million on January 13.
Domestic funds have net buyers in the range of QR13.92 million, compared to net sellers of QR225.64 million last Thursday.
The Arab individual was a net buyer of QR11.51 million, compared to a net seller of QR8.25 million the day before.
For foreign individuals, the net seller on January 13 was QR 2.28 million, while the net buyer was in the range of QR 5.69 million.
Individuals in the Gulf countries were net buyers with a QR of 0.9 million, compared to a net seller of QR 1.91 million last Thursday.
Qatar’s personal net income bookings fell significantly to QR70.9 million, compared to QR102.61 million the day before.
However, the net purchase amount of foreign funds was significantly weakened to 10.38 million QR compared to 342.21 million QR on January 13.
The Arab Fund for Economic and Social Development continued to have no significant net exposure.
Total trading volume in key markets was up 13% to 230.47 million shares, value was down 30% to 575.74 million QR, and trading was up 7% to 13,262 shares.
The insurance sector’s trading volume more than tripled to 3.85 million shares, its value more than tripled to 11.94 million QR, and more than doubled to 175.
Transaction volume in the real estate sector more than doubled to 57.82 million shares, value increased 76% to 81.76 million QR, and transactions increased 30% to 1,668.
Trading volume in the telecommunications sector expanded 87% to 7.38 million shares, with trading volume jumping 85% to 906, almost tripled to 40.61 million QR.
Trading volume in the transportation sector surged 47% to 7.72 million shares, value increased 48% to 40 million QR, and trading increased 18% to 447.
Trading volumes in the consumer goods and services sector were up 37% to 58.71 million shares, up 44% to 78.31 million QR and up 18% to 1,449 shares.
However, in the banking and financial services sector, trading volumes plummeted 33% to 39.03 million shares, 64% to QR181.22 million and trading to 26% to 5,255.
Trading volume in the industrial sector increased 13% to 55.95 million shares, increased 19% to 142.49 million QR, and trading volume increased 11% to 33.62 million shares.
In the venture market, trading volume increased 33.13% to 250,951 shares, value increased 23.26% to 1.59 million QR, and trading increased 92.3% to 125 shares.

http://www.gulf-times.com/story/708085/QSE-crosses-12-400-points-on-broad-buying-interest QSE exceeds 12,400 points with a wide range of buying profits

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