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 30 2014 - No Haj without permit: Checkpoints net 98000Arab News
(MENAFN - Arab News) Security forces have barred 98000 people from entering Makkah because they did not have Haj permits the Interior Ministry said in a statement on Monday. The authorities did not ...

 Sep 30 2014 - Turkey tanks face IS at Syria borderArab News
(MENAFN - Arab News) MURSITPINAR Turkey: Turkey on Monday deployed tanks and armored vehicles to reinforce its border with Syria amid escalating Islamic State violence as Parliament is set to ...

 Sep 30 2014 - Price control to end pilgrim abuseArab News
(MENAFN - Arab News) The Ministry of Haj plans to fix the prices of Haj services offered by companies in an attempt to prevent the exploitation of pilgrims by unscrupulous operators.Hussein Al-Sharif ...

 Sep 30 2014 - KSA to host 1.4m Hajis from abroadArab News
(MENAFN - Arab News) More than 1.4 million foreign pilgrims are expected to perform Haj this year said Haj Minister Bandar Hajjar. 'About 1.36 million pilgrims already arrived from different ...

 Sep 30 2014 - Misconceptions about IslamArab News
(MENAFN - Arab News) This is with reference to the report 'Be modern but don't shun Islamic values: King' (Sept. 29). Everybody should read Custodian of the Two Holy Mosques King Abdullah's speech ...

 Sep 30 2014 - Toppling Assad regimeArab News
(MENAFN - Arab News) Beyond a shadow of doubt the atrocities committed by the regime of Bashar Assad paved the way for the militants belonging to the so-called Islamic State to take roots in Syria. ...

 Sep 30 2014 - South Korea's Overseas Construction Orders Grow 5.2%Qatar News Agency
(MENAFN - QNA) Overseas construction projects won by South Korean builders so far this year have risen 5.2% from a year earlier with the annual total expected to top US$70 billion, the government ...

 Sep 30 2014 - Real Estate Transactions Worth over QR831 Million Last WeekQatar News Agency
(MENAFN - QNA) Real estate transactions between September 21 and 25 for the real estate sales contracts registered at the Ministry of justice are worth QR831,613,172, the real estate registration ...

 Sep 30 2014 - HITC Honours Media for Success of Kulluna CampaignQatar News Agency
(MENAFN - QNA) The Hamad International Training Centre (HITC) honoured over 50 representatives from media, healthcare and corporate executives for their contribution towards the success of its ...

 Sep 30 2014 - Power of social mediaArab News
(MENAFN - Arab News) This is with reference to the article 'Shift in US public discourse on ME' (Sept. 29) by Jamal Doumani. It is very true that with the advent of social media things have started ...

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