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QSE to list second ETF on Monday

QSE to list second ETF on Monday
The fund’s total capital will range between QAR 400mn and QAR 500mn
Al Rayan
MARK
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Mubasher: The Qatar Stock Exchange (QSE) will list Masarf Al Rayan’s exchange-traded fund (ETF) on Monday, 19 March, to be the second listed ETF, sources said on Wednesday.

The fund’s total capital will range between QAR 400 million and QAR 500 million, in line with offering more products and investment instruments to attract further capital and liquidity to enhance the QSE’s performance.

Moreover, the QSE on Monday, 5 March announced the beginning of trading on the Qatar Exchange Traded Fund (QETF).

The source also noted that there are several Qatari companies that are planning to increase non-Qatari investors' ownership in the firms to 49% from its current 25%.