Qatar Exchange Announces Change in Its Indices Constituents

Doha, – Qatar Exchange announced Thursday a change in its indices constituents as of the 1st of October, 2016.

Concerning Qatar Exchange (QE) Index, Qatari Investors Group will replace Al Meera Consumer Goods Company in QE Index, according to a press statement published on QE website.

For QE Al Rayan Islamic Index, Widam will join QE Al Rayan Islamic Index, while Zad Holding and Qatar Islamic Insurance will be removed from QE Al Rayan Islamic Index.

According to the statement, Qatar Exchange reviewed the sector classification of Mannai Corporation at the request of the company. As a result of the review, Mannai Corporation will join the QE Consumer Goods and Services Sector Index at the semi-annual index review effective October 1st 2016. At the same time, Mannai Corporation will be removed from the calculation of QE Industrial Sector Index.

The statement revealed no changes for the other indices.

Source: Qatar News Agency