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FTSE announces 21 eligible Qatari stocks

FTSE announces 21 eligible Qatari stocks
The changes to the index will be effective as of 20 September (Photo Credit: Arabianeye-Reuters)

Doha-Mubasher: A total of 21 Qatari eligible stocks which will be added to FTSE’s Secondary Emerging Market Index, in conjunction with the September 2016 Review, an indicative list published by FTSE Russell showed.

The list includes companies like Al Meera Consumer Goods Company, Barwa Real Estate, Ezdan Holding Group, Industries Qatar, Ooredoo and Vodafone Qatar, in addition to banks such as Commercial Bank of Qatar, Doha Bank, Masraf Al Rayan, International Islamic Bank, Qatar Islamic Bank and Qatar National Bank.

The changes to the index will be effective as of 20 September, the statement said, adding that FTSE Russell client products are scheduled to be released on 31 August.