Qatar Stock Exchange week ahead: FTSE reshuffle, Aamal deal talks and an index cap in focus
The QE Index fell 0.4% to 11,182 in mid-morning trade Sunday, with QLM and Al Meera up, while Qatar Oman Investment and QNB declined. FTSE Russell’s March review will add Zad Holding to micro-cap and drop Qatar National Navigation & Transport from mid-cap, effective March 23. Aamal’s joint venture plans talks to acquire Qatar International Cables. Last week, the market lost 2.5% in value and turnover dropped 11.5%.