Tuesday 6 February 2018

Qatar's Masraf Al Rayan, Amwal to list ETFs this quarter -sources

Qatar's Masraf Al Rayan, Amwal to list ETFs this quarter -sources:

"Qatar’s stock market is set to list its first exchange-traded funds this quarter, market sources said on Tuesday, as authorities seek to develop the bourse in the face of a boycott by other Arab states. Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic and transport ties with Qatar last June, causing the Qatari stock index to plunge more than 20 percent at one stage. But the market has since recovered much of those losses and authorities say they aim to press ahead with reforms to improve liquidity and attract more foreign money."



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