S&P Indices has launched the S&P AFE 40, an index designed to measure the performance of 40 leading companies from the Pan-Arab region. S&P Indices partnered with the Arab Federation of Exchanges (AFE) to create the Index which includes companies from Bahrain, Egypt, Jordan, Kuwait, Lebanon, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Tunisia and the United Arab Emirates.
Robert Shakotko, Managing Director at S&P Indices said: "We are seeing a growing interest among investors in Arab equities as this market begins to mature. The Arab Spring and the liberalisation of Arab countries seem to signal a new era of investment opportunities in the Arab world. We are delighted to have worked with the AFE to create the AFE 40 Index, which is timely and fulfils the demand from investors seeking to measure this important, growing segment of the market."
Dr. Fadi Khalaf, Secretary General at the Arab Federation of Exchanges said: "The S&P AFE 40 is expected to be an important blue chip index in the Pan-Arab region, offering a true representation of the performance of leading, publicly traded companies trading on Arabian exchanges. We are excited to partner with one of the leading index providers in the world, S&P Indices, to offer this exciting,new benchmark to investors."
Robert Shakotko, Managing Director at S&P Indices said: "We are seeing a growing interest among investors in Arab equities as this market begins to mature. The Arab Spring and the liberalisation of Arab countries seem to signal a new era of investment opportunities in the Arab world. We are delighted to have worked with the AFE to create the AFE 40 Index, which is timely and fulfils the demand from investors seeking to measure this important, growing segment of the market."
Dr. Fadi Khalaf, Secretary General at the Arab Federation of Exchanges said: "The S&P AFE 40 is expected to be an important blue chip index in the Pan-Arab region, offering a true representation of the performance of leading, publicly traded companies trading on Arabian exchanges. We are excited to partner with one of the leading index providers in the world, S&P Indices, to offer this exciting,new benchmark to investors."
No comments:
Post a Comment