Mubasher: The Qatar Stock Exchange (QSE) is studying listing a slew of funds, topped by a fresh $500 million Shariah-compliant fund, CEO of the QSE Rashid Bin Ali Al Mansoori said on Wednesday.
Three local companies will be floated on the QSE soon, Al Mansoori added, forecasting the first firm to go public by the first half of 2018, while the other two companies will implement the share sales by the second half of this year, according to CNBC.
Al Mansoori’s statement came on the sidelines of launching Al Rayan Qatar ETF under the symbol “QATR”, with assets amounted to $120 million.
The QSE ended Wednesday’s session in the red falling 104.47 points, or 1.16%, to 8,873.38 points.
