Interview: Qatar Stock Exchange acting CEO talks IPO pipeline, crucial role in developing economy
With 50 listed companies and a market capitalisation expressed as part of the GDP at 65%, the Qatar Stock Exchange (QSE) has experienced significant growth in the last three years in terms of IPOs, reflecting the market’s increasing appeal to issuers and investors.
On Tuesday, the QSE launched a high-performing trading platform that aligns with the advanced financial market technologies utilised by the London Stock Exchange Group (LSEG). In an exclusive interview with Zawya, acting CEO Abdulaziz Nasser al-Emadi talks about QSE's road ahead, its IPO pipeline and the crucial role the stock exchange plays in developing Qatar’s economy.
How does the QSE’s current growth compare to that recorded over the last three years?
In total, the QSE has seen five new listings within the last three years, showcasing a positive trend in its expansion.
Between 2021 and 2023, the QSE welcomed new listings with a total market cap of about QAR 21 billion ($5.75 billion), including QLM Life & Medical Insurance, Beema, Dukhan Bank, Mekdam, and Al Faleh Group. These additions broadened the range of sectors represented on the exchange and contributed to its diversification.
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