DOHA: Forty-five out of forty-six companies listed on Qatar Stock Exchange (QSE) have disclosed their annual financial results for the year ended on December 31, 2018, during which the net profit was QR 41.23 billion compared to QR 38.47 billion for the previous financial year with an increase rate7.17%.
Established in 1995, the Doha Securities Market (DSM) officially started operations in 1997. Since then the exchange has grown to become one of the leading stock markets in the GCC region.
In June 2009, Qatar Holding, the strategic and direct investment arm of Qatar Investment Authority (QIA), and NYSE Euronext, the world’s leading exchange group, signed an agreement to form a major strategic partnership to establish the Exchange as a world-class market. The DSM was renamed the Qatar Stock Exchange on the conclusion of the deal.
The primary aim of the Qatar Stock Exchange is to support Qatar’s economy by providing a venue for capital raising for Qatari companies as part of their corporate strategy and giving investors a platform through which they can trade a variety of products in a transparent and efficient manner. [the_ad id=”31605″]