Doha – Mubasher: The Qatar Stock Exchange (QSE) presented a list of 35 companies may be listed on the Qatari market in the coming five years, three of them will take place in 2018, QSE’s CEO Rashid Bin Ali Al Mansoori told Lusail newspaper on Wednesday.
Companies scheduled for listing in 2018 – one of which is likely to be listed in the first six month- will be mostly industrial family-owned firms, Al Mansoori added.
The QSE needs a minimum of 6-7 listings annually to sustain a daily turnover of over QAR 1 billion, the CEO revealed, as Lusail reported.
While 2 or 3 funds owned by the Arab quartet have left the Qatari market, more than 100 global funds and portfolios entered Qatar in the last period, the top official remarked.
The Qatari stock market requires more IPOs and new policies open to foreign investments, in order to boost its index, he noted.
Al Mansoori stressed that all parties involved in the Qatari market should facilitate and simplify the trading process.
