Latest news with #localinvestors
Zawya
01-07-2025
- Business
- Zawya
Qatar: QSE breaks six days of winning streak as key index loses 18 points; M-cap melts $359mln
Qatar - Ending six consecutive days of bullish run, the Qatar Stock Exchange (QSE) on Monday fell more than 18 points on selling pressure especially in the consumer goods, transport and industrials sectors. The local retail investors were increasingly net profit takers as the 20-stock Qatar Index shed 0.17% to 10,749.48 points, although it touched an intraday high of 10,799 points. The Arab individuals turned net sellers in the main market, whose year-to-date gains truncated to 1.69%. More than 71% of the traded constituents were in the red in the main bourse, whose capitalisation shed QR1.31bn or 0.21% to QR635.35bn mainly on account of microcap segments. The foreign retail investors were seen bearish in the main market, which saw 0.04mn exchange traded funds (sponsored by AlRayan Bank) valued at QR0.09mn trade across seven deals. The foreign institutions' weakened net selling had its influence on the main bourse, whose trade turnover grew amidst lower volumes. The Islamic index was seen declining slower than the main barometer of the main market, which saw no trading of treasury bills. However, the domestic institutions were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds. The Total Return Index lost 0.17%, the All Share Index by 0.09% and the All Islamic Index by 0.16% in the main market. The consumer goods and services sector index declined 0.55%, transport (0.43%), industrials (0.32%), telecom (0.2%), banks and financial services (0.08%) and real estate (0.04%); while insurance gained 3.22%. Major shakers in the main market include Qatar General Insurance and Reinsurance, Meeza, Medicare Group, Dlala, Qatar German Medical Devices, Salam International Investment, Baladna, Industries Qatar, Ezdan and Mazaya Qatar. In the junior bourse, Techno Q saw its shares depreciate in value. Nevertheless, Qatar Insurance, Gulf Warehousing, Qatar Electricity and Water, Ahlibank Qatar, Al Mahhar Holding and Mesaieed Petrochemical Holding were among the movers in the main market. The local retail investors' net selling increased substantially to QR43.25mn compared to QR26.38mn the previous day. The Arab individual investors turned net sellers to the tune of QR9.92mn against net buyers of QR6.98mn on June 29. The foreign retail investors were net profit takers to the extent of QR2.59mn compared with net buyers of QR1.19mn on Sunday. The foreign institutions' net buying weakened significantly to QR4.99mn against QR25.15mn the previous day. However, the domestic funds turned net buyers to the tune of QR33.06mn compared with net sellers of QR3.56mn on June 29. The Gulf institutions were net buyers to the extent of QR16.17mn against net profit takers of QR2.11mn on Sunday. The Gulf retail investors turned net buyers to the tune of QR1.55mn compared with net sellers of QR1.27mn the previous day. The Arab institutions had no major net exposure against net buyers to the extent of QR0.08mn on June 29. The main market saw 2% fall in trade volumes to 178.83mn shares but on 19% jump in value to QR481.45mn and 77% in deals to 25,564. In the venture market, a total of 0.09mn equities valued at QR0.25mn changed hands across 32 transactions. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Zawya
19-06-2025
- Business
- Zawya
Qatar: Regional uncertainties play spoilsport in QSE as index loses 63 points; M-cap melts $846mln
Fears of regional instability, owing to Iran-Israel dispute, continued to dampen sentiments in the Qatar Stock Exchange (QSE), whose key index lost more than 63 points and capitalisation melt in excess of QR3bn. The foreign funds turned net profit takers as the 20-stock Qatar Index shed 0.61% to 10,347.91 points, although it touched an intraday high of 10,420 points. The transport, telecom and consumer goods counters witnessed higher than average selling pressure in the main market, whose year-to-date losses widened further to 2.11%. More than 78% of the traded constituents were in the red in the main bourse, whose capitalisation shed QR3.08bn or 0.5% to QR610.44bn mainly on account of small and microcap segments. The Gulf retail investors and funds were seen bearish in the main market, which saw as many as 804 exchange traded funds (sponsored by AlRayan Bank) valued at QR1,768 trade across three deals. The local retail investors continued to be net sellers but with lesser intensity in the main bourse, whose trade turnover and volumes were on the decline. The Islamic index was seen declining slower than the other indices of the main market, which saw no trading of treasury bills. The Arab individuals continued to be bearish but with lesser vigour in the main bourse, which saw no trading of sovereign bonds. The Total Return Index declined 0.61%, the All Share Index by 0.5% and the All Islamic Index by 0.45% in the main market. The transport sector index plummeted 2.58%, telecom (1.09%), consumer goods and services (0.65%), real estate (0.51%), banks and financial services (0.3%) and insurance (0.22%); while industrials was unchanged. Major shakers in the main market include Nakilat, Estithmar Holding, Mannai Corporation, Lesha Bank, Commercial Bank, Dukhan Bank, Alijarah Holding, Dlala, Qatar German Medical Devices, Salam International Investment, Medicare Group, Al Faleh Educational Holding, Aamal Company, Ezdan, Mazaya Qatar and Vodafone Qatar. Nevertheless, Qatar National Cement, Ahlibank Qatar, Mesaieed Petrochemical Holding, Meeza, Qatar Islamic Insurance and Industries Qatar were among the gainers in the main bourse. In the venture market, Techno Q saw its shares appreciate in value. The foreign institutions turned net sellers to the tune of QR6.03mn compared with net buyers of QR13.69mn the previous day. The Gulf individuals were net profit takers to the extent of QR2.68mn against net buyers of QR2.9mn on June 17. The Gulf institutions turned net sellers to the tune of QR1.59mn compared with net buyers of QR3.81mn on Tuesday. However, the domestic funds' net buying increased significantly to QR27.09mn against QR15.61mn the previous day. The foreign retail investors were net buyers to the extent of QR2.07mn compared with net sellers of QR6.47mn on June 17. The local individual investors' net selling weakened noticeably to QR11.75mn against QR14.6mn on Tuesday. The Arab retail investors' net profit booking eased perceptibly to QR7.12mn compared to QR14.93mn the previous day. The Arab institutions had no major net exposure for the fourth consecutive day. The main market saw 14% contraction in trade volumes to 182.95mn shares, 20% in value to QR399.39mn and 23% in deals to 18,932. In the venture market, a total of 4,500 equities valued at QR0.1mn changed hands across three transactions. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
Times of Oman
14-06-2025
- Business
- Times of Oman
Daily trading volume on MSX rose by 19.2% during the week
Muscat: Daily trading volume at the Muscat Stock Exchange (MSX) rose by 19.2 percent during the week, as investors bought shares of companies affiliated with the Oman Investment Authority (OIA), following improved financial results. Local investment funds and institutions were also active in buying shares. The daily trading average last week reached OMR13.1 million, compared to OMR11 million the week before. The week witnessed three trading days, compared to four trading days the week before, coinciding with the Eid Al Adha holiday. Trading data released by the Muscat Stock Exchange (MSX) showed an increase in trading on OQ Basic Industries shares, which witnessed trades worth OMR7,694,000, representing 19.5 percent of the total trading value. OQ Gas Networks witnessed trades worth OMR6,107,000, while OQ Exploration and Production shares traded at OMR6,073,000. Asyad Shipping Company's shares witnessed trades worth OMR4,694,000. The four companies accounted for 62.4 percent of the total trading value witnessed by the MSX during the week, which amounted to OMR39.3 million. Local investment institutions were net buyers, accounting for 69.3 percent of the total trading value, while sales accounted for 65.1 percent of the total trading value. At the indices level, the Muscat Stock Exchange's main index fell 35 points last week, closing at 4,543 points, breaking a six-week upward trend amid profit-taking following gains in the shares of several leading companies over the past weeks. The industrial sector index recorded losses of 94 points, the financial sector index declined by 44 points, the services sector index lost 12 points, and the Sharia index recorded a decline of approximately 3 points, closing at 441 points. The market capitalisation of the MSX rose to OMR28.88 billion at the end of trading on Thursday, recording weekly gains of OMR82 million. This rise was supported by the share of OQ Exploration and Production, the largest company listed on the MSX in terms of market capitaliation at OMR2.496 billion. During the week, its market capitalisation gained OMR136 million after its share rose by 17 baisas during the week, closing at 312 baisas. During the week, the company invited its shareholders to attend the extraordinary general assembly meeting scheduled for June 24 to discuss amending the company's articles of association by adding a new article related to the company's purchase of its own shares, which supported the share and pushed it upward. In corporate news, Al Anwar Investments has invited its shareholders to attend the annual general assembly meeting scheduled for June 30th. The meeting will review the company's performance reports for the fiscal year ending March 31st. The meeting will also consider distributing cash dividends to shareholders at 4 baisas per share and bonus shares at a rate of 4 percent, equivalent to 4 shares for every 100 shares. The company's shares closed at the end of last week's trading at 85 baisas, up by 2 baisas during the week, and witnessed the execution of 206 transactions worth OMR1,185,000. Fincorp, one of the oldest publicly listed companies in the financial brokerage sector on the MSX, said its board of directors has decided to approach the Financial Services Authority (FSA) for approval to cancel all licenses issued by the authority and related activities, and to change the company's activity to investment. The company has invited its shareholders to attend the extraordinary general assembly meeting scheduled for June 29 to approve this proposal before approaching the FSA. During the week, the Omani Education and Training Investment Company announced its preliminary financial results for the third quarter of its current fiscal year, which ends on August 31. The company reported net profits of OMR7.2 million through May, compared to OMR6.5 million in the same period of the previous fiscal year.
CTV News
13-06-2025
- Business
- CTV News
Report paints Calgary's startup ecosystem in a positive light
The 2025 Global Startup Ecosystem Report has Calgary ranked inside the top 50 cities globally when it comes to having an emerging startup ecosystem. Loading the player instance is taking more time than usual Loading the player instance is taking more time than usual In the 2025 Global Startup Ecosystem Report, Calgary was ranked inside the top 50 cities globally when it comes to having an emerging startup ecosystem. Specifically, the report cites the city's talent affordability and 'bang for your buck' for startup companies setting up shop. While the results are a positive step forward, there's still a push to keep the momentum moving. 'I think one of the big things for us is unlocking the capital. There's a lot of wealth in our city, and I think for us, what we need to see is local investors invest in local companies,' said Brad Parry, president and CEO of Calgary Economic Development. 'And the second piece for us is procurement. We need Calgary companies to buy Calgary products and services from our startup and ecosystem players.' Parry says diversifying the city's economy into sectors like life sciences and agriculture has helped make Calgary a global up-and-comer.
Zawya
27-05-2025
- Business
- Zawya
Qatar: QSE sees 60% stocks gain, but index edges down; M-cap flat
Qatar - The foreign institutions were increasingly net profit takers as the 20-stock Qatar Index was down mere four points or 0.04% to 10,731.92 points, although it touched an intraday high of 10,769 points. The Qatar Stock Exchange on Monday witnessed more than 60% of the traded constituents return gains but overall it settled marginally lower, even as its market capitalisation was rather flat. The foreign institutions were increasingly net profit takers as the 20-stock Qatar Index was down mere four points or 0.04% to 10,731.92 points, although it touched an intraday high of 10,769 points. The foreign retail investors turned net sellers in the main market, whose year-to-date gains narrowed to 1.52%. The telecom and banks witnessed higher than average selling pressure in the main bourse, whose capitalisation was rather flat at QR633.91bn amidst gains in midcap segments. The local retail investors continued to be bearish but with lesser vigour in the main market, which saw no trading of exchange traded funds. The Gulf and domestic institutions were seen increasingly net buyers in the main bourse, whose trade turnover fell amidst higher volumes. The Islamic index was seen declining faster than the main barometer of the main market, which saw no trading of treasury bills. The Arab individuals were increasingly net buyers in the main bourse, which saw no trading of sovereign bonds. The Total Return Index was down 0.04% and the All Islamic Index by 0.09%; while the All Share Index was up 0.01% in the main market. The telecom sector declined 0.55% and banks and financial services (0.23%); whereas insurance gained 1.15%, real estate (0.92%), consumer goods and services (0.64%), industrials (0.19%) and transport (0.15%). Major shakers in the main market include Medicare Group, Ooredoo, Milaha, Qatar German Medical Devices, QIIB, Medicare Group and Qamco. In the junior bourse, Techno Q saw its shares depreciate in value. Nevertheless, Qatar General Insurance and Reinsurance, Alijarah Holding, Vodafone Qatar, Mazaya Qatar, Barwa, Commercial Bank, Dlala, Inma Holding, Woqod, Estithmar Holding and Nakilat were among the movers in the main market. The foreign institutions' net buying increased substantially to QR14.66mn compared to QR3.54mn the previous day. The foreign individuals turned net sellers to the tune of QR1.46mn against net buyers of QR3.81mn on May 25. The Gulf retail investors' net profit booking strengthened marginally to QR0.88mn compared to QR0.15mn on Sunday. However, the Gulf institutions' net buying expanded perceptibly to QR11.02mn against QR8.34mn the previous day. The domestic institutions' net buying increased noticeably to QR10.35mn compared to QR5.46mn on May 25. The Arab individual investors' net buying shot up perceptibly to QR7.82mn against QR3.47mn on Sunday. The local retail investors' net profit booking eased markedly to QR12.18mn compared to QR17.39mn the previous day. The Arab institutions had no major net exposure. The main market witnessed a 40% surge in trade volumes to 224.41mn shares, 71% in value to QR468.58mn and 75% in deals to 22,343. In the venture market, as many as 31,906 equities valued at QR0.09mn changed hands across nine transactions. © Gulf Times Newspaper 2022 Provided by SyndiGate Media Inc. (
