Monday, 5 March 2018

Amwal launches Qatar's first ETF to track top companies | ZAWYA MENA Edition

Amwal launches Qatar's first ETF to track top companies | ZAWYA MENA Edition:

"Qatar's first listed exchange traded fund (ETF) will begin trading from Monday on the Qatar Stock Exchange for investors seeking to capture exposure to companies listed on the bourse, the asset manager handling the ETF said. The ETF is designed to track the Qatar Exchange Index which screens for the top 20 listed companies in Qatar by market capitalisation and liquidity. Reuters reported last month that Qatar's stock market is set to list its first exchange-traded funds this quarter citing market sources, as authorities seek to develop the bourse in the face of a boycott by other Arab states."



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