Quotes: US 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
 Sep 19 2014 - Iran slammed for Syria-Iraq chaosArab News
(MENAFN - Arab News) Leaders from various Arab countries participating in a conference entitled 'Arabian Gulf and Regional Challenges which concluded here on Wednesday urged nations to unify to help ...

 Sep 19 2014 - Doha doesn't back extremists: EmirArab News
(MENAFN - Arab News) BERLIN: Qatar's emir said in Germany on Wednesday that his state does not back 'terrorist organizations' and Chancellor Angela Merkel said she had no reason to doubt him.The ...

 Sep 19 2014 - Imaginative septuagenarian boats vehicle to tiny islandArab News
(MENAFN - Arab News) A 70-year-old man sailed across an 8-km span of sea with a truck on board two boats that were tied together.Ali Suhail took his Toyota Hilux from the Farasan Island to Qimah ...

 Sep 19 2014 - Forced evacuations as Philippine volcano spews lavaArab News
(MENAFN - Arab News) LEGAZPI Philippines: Lava cascaded down the Philippines' most active volcano on Wednesday as authorities rushed to evacuate thousands ahead of a possible deadly eruption.Mostly ...

 Sep 19 2014 - Blind Saudi sculptor to exhibit work in UKArab News
(MENAFN - Arab News) A student with a visual disability has been selected to exhibit her work at an international event in the United Kingdom.Zahra Al-Dhamen a Saudi media student at King Saud ...

 Sep 19 2014 - Saudi- Water levels rise due to heavy rain in AsirArab News
(MENAFN - Arab News) Heavy rainfall in the Asir region Tuesday evening covered a number of towns and population centers.The Civil Defense Department in Asir sent safety patrols to several locations ...

 Sep 19 2014 - Saudi- Big Madinah push for SMEsArab News
(MENAFN - Arab News) Madinah Gov. Prince Faisal bin Salman Monday launched a massive program to boost small and medium enterprises (SME) in the region as part of a plan to boost the national ...

 Sep 19 2014 - Saudi- Cop killer duo handed deathArab News
(MENAFN - Arab News) A court sentenced two terror suspects to death on Tuesday for jointly murdering a policeman and injuring 12 others in an armed confrontation with security men at the residential ...

 Sep 19 2014 - Changing Pakistan: Tardy MPs thrown off jetArab News
(MENAFN - Arab News) ISLAMABAD: Angry Pakistani passengers have forced two lawmakers off a plane for delaying its departure by almost two hours. A video covering the drama was posted online.Irate ...

 Sep 19 2014 - Saudi- Technology forum begins at KACSTArab News
(MENAFN - Arab News) The 3rd Advanced Technologies Forum 2014 kicked off on Tuesday at the King Abdulaziz City for Science & Technology (KACST) under the patronage of Custodian of the Two Holy ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help