As per announcement made by FTSE on March 1, 2017, “ Treatment of Qatar within FTSE Global Equity Index Series”, 20 of the 22 companies selected in September 2016 will see their investibility weights doubled.
Al Meera Consumer Goods Company Barwa Real Estate Commercial Bank of Qatar Doha Bank Ezdan Holding Group Gulf International Services Industries Qatar Masraf Al Rayan Medicare Group Ooredoo Qatar Electricity & Water Co Qatar Gas Transport Qatar Insurance Qatar International Islamic Bank Qatar Islamic Bank Qatar National Bank Qatar Navigation Salam International Investment Ltd United Development Company Vodafone Qatar
2 of the 22 ( Aamal and Qatari Investors Group) not doubling their investibility weights.
Aamal : will have an increased investibility weight from 20% to 28% Qatari Investors Group: will retain unchanged investibility weight
The changes to the FTSE Secondary Emerging Market index will be: March 20th 2017 (from the open). Please find the Press release published by FTSE Russell in the link here after: click here
This is the second tranche of the FTSE Qatar EM upgrade as announced in 2016 (All other notices related to the promotion of Qatar to Secondary Emerging Market index may be found by entering ‘Qatar’ in the Search notices box of the following link: click here