QSE is safe haven for foreign investment: Analyst – The Peninsula

  • Date: 11-Mar-2022
  • Source: The Peninsula Qatar
  • Sector:Economy
  • Country:Qatar
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QSE is safe haven for foreign investment: Analyst – The Peninsula

The Qatar Stock Exchange (QSE) index continued its positive performance for the second week in a row in March, 2022 to gain 169.980 points and close at 13,633 points, gaining 1.26 percent compared to last week’s transactions, supported by purchases of foreign portfolios.

In this context, the Financial Analyst Ahmed Maher, commenting on the developments of the Qatar Stock Exchange during the second week of March, 2022, said that in terms of trading, the index is going through its brightest period since Qatar Stock Exchange index joined the MSCI Emerging Markets Index, previously Morgan Stanley in 2014, as a result of the great demand from foreign portfolios to buy Qatari shares during this period in which global markets are witnessing great turmoil and affected by the geopolitical changes resulting from the Russian military escalation in Ukraine.

The MSCI Emerging Markets is known as the market capitalization index. It is designed to measure the performance of equity markets in emerging markets around the world.

The weekly report of the Qatar Stock Exchange said that the market value of the shares amounted to QR768.64bn at the end of trading, compared to QR768.58bn last week. The financial analyst pointed out, in a statement to QNA, that