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Mazaya, QFB to join QE index from April 1

Finance Doha 11 Mar 21
 Mazaya, QFB to join QE index from April 1
Mazaya Real Estate Development and Qatar First Bank (QFB) will replace Aamal and Doha Bank in the QE Index with effect from April 1
Fee
Event Location
Qatar , Qatar
Area
Doha
Start Time
11 March 2021, 12:00 AM
End Time
31 March 2021, 12:00 AM
Website

Qatar Stock Exchange (QSE) said in a statement posted on its website: “Mazaya Real Estate Development and Qatar First Bank (QFB) will replace Aamal and Doha Bank in the QE Index with effect from April 1”.

According to the statement, Qatar First Bank will also join the QE Al Rayan Islamic Index from the same date. There will be no change in the constituents of QE All Share Index and related sectors indices, the statement said.

Meanwhile, Qatari stocks continued their momentum for the second day in the week. The volume of shares traded increased to 462.959 million on Tuesday from 267.203 million on Monday and the value of shares increased to QR652.5 million on Tuesday from QR465.182 million on Monday.

The Qatar Stock Exchange (QSE) general index gained 65.61 points, or 0.65 percent, when the bourse closed trading at 10,117.84 points on Tuesday. Indices of all the seven sectors closed in the positive territory that saw the insurance gain the most by 3.1 percent.

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