The Qatar Stock Exchange recorded box office buying interest on real estate on Sunday, but overall the key index fell below 10,800 levels.
Despite increased buying interest from foreign institutions, the Qatar 20-stock index came in at 49 points, or 0.45%, down to 10,794.33 points.
Gulf individuals and foreigners were seen as net buyers in the market, whose cumulative gains were truncated to 3.43%.
Industrial and bank counters experienced above-average selling pressure on the stock market, whose capitalization experienced an erosion of more than 3 billion QR or 0.55% to 624.36 n QR, mainly due to small and micro-capitalization segments.
More than 64% of the traded components were in the red in the market, which saw the industrial goods and consumer goods and services sectors together constitute over 58% of the total trade volume.
Turnover and overall trading volumes were down on the exchange, where national funds and local retail investors were increasingly net profit takers.
Net purchases by Gulf individuals weakened significantly in the market, which saw a total of 51,454 exchange-traded funds (QATR sponsored by Masraf Al Rayan) valued at QR 125,739 change hands in seven trades; while in the debt market there was no trading in sovereign bonds and treasury bills.
The total return index lost 0.45% to 21,368.03 points, the All Share index 0.44% to 3,418.15 points and the Islamic Al Rayan index (price) by 0.4% at 2,471.17 points.
The industrial index lost 0.67%, banks and financial services (0.53%), insurance (0.32%), consumer goods and services (0.07%), transport (0, 06%) and telecoms (0.03%); while real estate gained 0.17%.
The main losers were Industries Qatar, Ezdan, Qatar Islamic Bank, Qatari German Medical Devices, Mazaya Qatar, Qatari Investors Group, Dlala, Qatar Oman Investment and Baladna; although Gulf International Services, Barwa, Qatar Islamic Insurance, Commercial Bank and United Development Company were among the winners.
Net sales of national institutions increased significantly to reach QR 10.99 million from QR 4.56 million on July 8.
Net profit bookings by Qatari individuals rose significantly to reach QR 6.63 million from QR 2.59 million last Thursday.
Net purchases by Gulf institutions fell sharply to QR 0.5 million from QR 6.99 million the previous trading day.
However, net purchases by foreign funds rose sharply to QR 16.64 million from QR 2.84 million on July 8.
Gulf individuals became net buyers to the tune of QR 0.56 million against net sellers of QR 0.26 million last Thursday.
Foreign individuals were net buyers of QR 0.4 million versus net sellers of QR 0.56 million on the previous trading day.
The net profit reservation of Arab individuals decreased significantly to QR 0.48 million from QR 1.54 million on July 8.
Arab institutions had no major net exposure against net sellers to the tune of QR 0.33 million last Thursday.
Total trading volume fell 4% to 96.66 million shares, value 7% to QR 239.73 million, and trades 31% to 5,200.
The insurance industry reported a 53% drop in transaction volume to 0.89 million shares, 60% in value to QR 2.54 million and 51% in transactions to 83.
Real estate trading volume fell 33% to 18.27 million shares, value 39% to QR26.49 million, and transactions 42% to 674.
The transportation sector reported a 32% drop in trade volume to 4.05 million shares, 23% in value to QR 18.93 million and 38% in trades to 411.
The trading volume of the banking and financial services sector fell 14% to 12.73 million shares, the value 8% to QR81.47 million, and transactions 41% to 1,203.
There was a 5% drop in telecom trade volume to 3.99 million shares, but a 49% increase in value to QR 20.36 million despite a 23% drop in transactions to 634.
However, the trade volume of the industrial sector soared 23% to 31.87 million shares and the value by 11% to QR 58.2 million; while transactions declined 17% to 1,468.
The market saw a 22% increase in trade volume of the consumer goods and services sector to 23.85 million shares and 8% in value to QR 32.31 million but a 25% contraction of transactions at 727.