Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar- QE investors richer by QR95.8bn in 2013  Join our daily free Newsletter

MENAFN - The Peninsula - 12/05/2014
No. of Ratings : 0
Add to Mixx!

(MENAFN - The Peninsula) Investors on the Qatari bourse (Qatar Exchange) became richer by QR95.8bn (26.3bn) in 2013 as the market capitalisation of the bourse rose to QR555.6bn (152.6bn) at the end of last year from QR459.8bn (126.3bn) in 2012.

The growth in the market capitalisation or the market value of the listed shares in 2013 works out to 20.8 percent.

The numbers of investors on the QE inched closer to a million in 2013, to 968,343. Of them, only 295,279 were Qataris.

Qatar News Agency (QNA), quoting QE regulator, Qatar Financial Markets Authority's annual report for 2013, reported yesterday that the securities market comprising stocks, treasury bills and government bonds ended 2013 with significant growth rates.

QFMA Chairman H E Sheikh Abdulla bin Saoud Al Thani (pictured) lauds the country's financial regulators for taking decisions to propel Qatar as a regional financial and capital markets hub in the preamble of the 2013 Annual Report.

He hails a series of decisions taken by regulators here last year to expand Qatar into a regional financial hub that won the securities' market status upgrade, membership to nodal bodies, international recognition, and attract foreign direct investments as well as foreign technology.

The QFMA played a pivotal role in drafting a unified strategy to boost financial services and human resources over the next five years that planners launched last year. The Authority co-operated with other regulators such as Qatar Central bank (QCB) and Qatar Financial Centre Regulatory Authority (QFCRA) to this end, he said.

In 2013, the QE benchmark index reached 10,379.59 points, an increase by 24.17 percent compared to 8,358.94 points at the end of December 2012.

In 2013, the value of traded shares reached QR74.8bn (20.4bn), a growth of 5.96 percent compared to QR71bn (19.45bn) in 2012.

New shares listed by companies to increase their capital added up to 247.2 million share which increased QE's total shares to 10.536 billion in 2013 compared to 10.288 billion shares in 2012.

Although QE noted an increase in volume of trade, the number of traded shares declined by 20.2 percent to 1,937,534,283 in 2013 compared to 2,428,190,041 in 2012. The 961,811 transactions registered in 2013 is a growth by 9.09 percent compared to 881,638 transactions in 2012.

The total number of registered investors slightly increased to 968,343 in 2013 from 964,548 in 2012. Qatari investors comprised 295,279 and 673,064 non-Qataris in 2013 while previous year it was 294,423 and 670,125 respectively.

The number of registered investors in 2013 was 295,279 comprising 290,496 Qatari individual investors and 4,783 Qatari institutions. The number of registered traders in 2013 was 25,063 comprising 24,616 Qatari and 447 Qatari institutions.

The number of registered non-Qatari investors in 2013 was 673,064, comprising 670,193 individuals and 2,871 institutions. The number of registered non-Qatari traders was 21,145, comprising 20,403 individuals and 742 institutions in 2013.

Qatar debt market saw listing 3.39 million short-term Treasury Bills (T-Bills) with maturity terms of three, six and nine months during 2013. Demand was higher for three-month T-Bills with 1.305 million subscriptions.

The nominal value of all issued T-Bills added up to QR33.95bn, a drop by 19.28 percent compared to QR43.3bn in 2012.

The volume of trading increased in 2013. The value of 401,000 traded T-Bills reached QR3.98bn from 51 transactions compared to QR793m from 25 transactions of 80,100 traded T-Bills in 2012.

Trading in government bonds debuted in 2013. The traded value reached QR1.5bn with trading 150,000 bonds from 17 transactions.

Regulators named a central depository last year to clear and settle QE transactions. QE stood fifth in a comparison of the percentage change in indices of GCC markets in 2013 from 2012 data.

Dubai Stock Exchange index topped, closing 1023 at 3,369.81 up 107.6 percent from 1,622.53 in 2012. QE's percentage change was higher than Muscat Securities Market (19.2 percent) and Bahrain bourse (17.2 percent).

QE came second in terms of market value (152.2bn) after Saudi Stock Exchange (459.45bn) among GCC markets.


The Peninsula

  MENA News Headlines
 Nov 24 2015 - China home-price recovery slows in OctoberGulf Times
(MENAFN - Gulf Times) China's home-price recovery slowed in October, as a supply glut in less-prosperous cities challenges the authorities' efforts to revive the residential market with interest-rate ...

 Nov 24 2015 - Devaluation may force China to pay premium on Dim Sum debtGulf Times
(MENAFN - Gulf Times) China is set to pay more to sell sovereign bonds in Hong Kong than in the onshore market for the first time, as investors brace for the possibility of another yuan ...

 Nov 24 2015 - PetroChina, CNPC plan pipeline, refinery salesGulf Times
(MENAFN - Gulf Times) PetroChina Co and its state-owned parent are planning to sell assets before the end of the year that may include stakes in pipelines and refineries as the country's biggest oil ...

 Nov 24 2015 - Saudi Arabia ready to work with others to stabilise crude marketGulf Times
(MENAFN - Gulf Times) Saudi Arabia's cabinet said yesterday it was ready to cooperate with Opec and non-Opec countries to achieve market stability, days before Opec meets to review its year-long ...

 Nov 24 2015 - Issa Abu Issa on TAKREEM 2015 juryGulf Times
(MENAFN - Gulf Times) Prominent Qatari entrepreneur and Salam International chairman and CEO, Issa Abdul Salam Abu Issa was on the eminent panel of jury of 'TAKREEM 2015.' Established in 2010, ...

 Nov 24 2015 - Joyalukkas raises AED500mn to 'refinance and reduce borrowing costs'Gulf Times
(MENAFN - Gulf TimesDubai-headquartered leading jewellery retail chain Joyalukkas has raised a total amount of AED500mn through multiple banking arrangements. Part of this is a $80mn term loan with a ...

 Nov 24 2015 - Qatar Airways named the Best Mideast Airline serving ChinaGulf Times
(MENAFN - Gulf Times) Qatar Airways has been named the Best Middle East Airline serving China, at the 2015 Business Traveller China Awards, picking up the award for the fourth consecutive year."To be ...

 Nov 24 2015 - Qatar banks' loan-deposit ratio hits 115% in October QCB targets 100%Gulf Times
(MENAFN - Gulf Times) Qatar's banking sector witnessed loan-deposit ratio increase to 115% in October against 112% in the previous month; even as the Qatar Central Bank is aiming to limit the ratio ...

 Nov 24 2015 - Qatar brokers reconciliation deal between Libyan tribesGulf Times
(MENAFN - Gulf Times) The Libyan tribes of the Tuareg and Tebu yesterday signed a comprehensive reconciliation agreement under the auspices of HH the Emir Sheikh Tamim bin Hamad al-Thani to put an ...

 Nov 24 2015 - Suicide vest found on Paris street: Did Belgian suspect Abdeslam get cold feetAsia Times
(MENAFN - Asia Times) Salah Abdeslam In Washington the US State Departmentissued a global alert on Monday for Americans planning to travel following the deadly militant attacks in France and ...




Click to Apply


Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  

Middle East North Africa - Financial Network

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices


Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks

Saudi Arabia 

Economic Calendar
Financial Glossary

Financial Calculators

RSS Feeds [XML]

Corporate Monitor


Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters

© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help