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Business / Qatar Business

QSE index rise benefiting from upcoming MSCI index revision: Analyst

Published: 04 Nov 2022 - 09:51 am | Last Updated: 04 Nov 2022 - 09:51 am

QNA

Doha: The general index of the Qatar Stock Exchange recorded this week, an increase of 0.360 percent, to gain 43,770 points, to rise to the level of 12,306 points, compared to the end of trading last week.

Financial analyst Ahmed Aql told Qatar News Agency (QNA) that this week’s increase was consistent with end-of-month, with the Oct. 31 session seeing a rise of 100 points. 

He added that the MSCI Emerging Market Index revisions were also having a positive impact on the market, especially that expectations are the rebalancing will change the weightings of some of the listed companies.