More than QR20bn added to capitalisation on higher FOL, Q1 results:
"Higher foreign ownership limits and buoyancy in the first quarter financials had their way in lifting the Qatar Stock Exchange to near-9,200 levels and add capitalisation more than QR20bn this week. More than 69% of the traded constituents extended gains this week which saw Qatar and China explore opportunities, including mutual listing of Qatari and Chinese exchange traded funds (ETFs) in both markets. Foreign funds’ substantially strengthened buying interests helped the 20-stock Qatar Index gain 278 points or 3.12% this week which saw Qatar Industrial Manufacturing Company (QIMD) considering setting up a float glass project with an estimated initial investment of QR700mn."
'via Blog this'
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