DOHA, QATAR: All listed companies at Qatar Stock Exchange (QSE) have disclosed their financial statements results for the 1st quarter ended March 31, 2019, whereby their combined net profits declined 4.11%.[the_ad id=”31605″]There are 46 companies listed on Qatar Stock Exchange. The combined net profit of all companies as of March 31, 2019 amounted to QR 10.5 billion versus QR 10.9 billion for the corresponding period in 2018.
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 Qatar Stock Exchange also provides the public with access to market information and ensures correct disclosure of information.