GulfBase Live Support
13/02/2015 07:42 AST
Qatar’s companies remained unchanged in the periodical review of MSCI’s Emerging Markets Index . However, the review results were in contrast to a section of analysts’ expectations of increasing the percentage of Qatar’s general index and introducing new firms on the emerging market’s list, Arabic business portal Mubasher reported.
The Global Index Compiler’s top 10 constituents of Qatar Index include QNB, Industries Qatar, Al Rayan Bank, Ooredoo, Qatar Islamic Bank, Qatar Electricity and Water, Vodafone Qatar, Commercial Bank of Qatar, Gulf International and Barwa Real Estate. MSCI upgraded Qatar and UAE markets from frontier to emerging status during the first half of 2014. In August 2014, IT lifted the weights of QNB, Industries Qatar and Qatar Islamic Bank on foreign ownership reforms.
In its February 2015 review, MSCI has removed the UAE’s Drake & Scull International (DSI) from the middle-sized companies’ index. The three largest additions to the MSCI Emerging Markets Index measured by full company market capitalization in this review are Bosch (India),Hanssem Co (Korea) and Wan Hai Lines (Taiwan).
The Peninsula
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
05/04/2018
Foreign investors bought $1.18 billion in Middle East and North African equities in March, especially Saudi ones amid the kingdom’s upgrade to emerging market status by FTSE Russell, according to a r
The National
05/04/2018
Buying activity in financials lifted the MSM30 Index to 4,794.61 points, up 0.41 per cent. The MSM Sharia Index closed at 676.52 points, down 0.08 per cent. Gulf Investment Services was the most acti
Times of Oman
05/04/2018
Traded value on the Dubai Financial Market tumbled on Wednesday as global stocks declined amid an intensifying US-China trade war. In Abu Dhabi, banking shares surged ahead of first quarter results s
Gulf News
04/04/2018
Driven by financial blue chips, the MSM30 Index continued its recovery to close at 4,775.27 points, a gain of 0.53 per cent. The MSM Sharia Index ended at 677.06 points, down 0.07 per cent. HSBC Bank
Times of Oman
04/04/2018
Emaar Properties shares extended losses for another session on Tuesday, to hit their lowest level in a year, as selling continued on the wider Dubai gauge. Emaar Properties fell to a low of Dh5.58, b
Gulf News