Doha: Aamal Company, one of Qatar’s leading diversified companies, yesterday announced its inclusion in the QE Index as from October 1, 2020.
The QE index comprises the twenty most liquid and largest listed companies on the Qatar Stock Exchange by free float market capitalisation. It is rebalanced semi-annually in April and October, when constituent companies are screened for continuing eligibility for Index inclusion.
Imran Chughtai, Chief Financial Officer at Aamal, said: “We are pleased to confirm Aamal’s inclusion in the QE Index. The Qatar Stock Exchange supports Qatar’s economy by providing investors with a platform through which they can trade transparently and efficiently. As the benchmark index for the Exchange we welcome the additional investment profile that inclusion in the QE Index will bring.”