Aamal Company Q.P.S.C. joins the QE Index
Aamal Company Q.P.S.C. to join the QE Index in October
Doha, Qatar – 4 October 2020 - Aamal Company Q.P.S.C. (Aamal), one of Qatar’s leading diversified companies, today announces its inclusion in the QE Index as from 1 October 2020.
The QE index comprises the twenty most liquid and largest listed companies on the Qatar Stock Exchange by free float market capitalization. It is rebalanced semi-annually in April and October, when constituent companies are screened for continuing eligibility for Index inclusion.
Imran Chughtai, Chief Financial Officer of Aamal, said:
“We are pleased to confirm Aamal’s inclusion in the QE Index. The Qatar Stock Exchange supports Qatar’s economy by providing investors with a platform through which they can trade transparently and efficiently. As the benchmark index for the Exchange we welcome the additional investment profile that inclusion in the QE Index will bring.”
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Notes to Editors
This announcement is not considered price-sensitive information. Referencing Articles (47), (50), and (58) of QFMA’s Rulebook on Offering and Listing of Securities and QFMA’s instructions on the disclosure of significant non-financial information that has impact on the share price of a listed company, this corporate development doesn’t fall under the scope of the rules and regulations concerning disclosing non-financial price-sensitive information.
About Aamal
Aamal is one of the Gulf region’s leading diversified conglomerates and has been listed on the Qatar Stock Exchange since December 2007. As on 4 October 2020, the Company had a market capitalisation of QAR 5.9bn (US$ 1.6bn).
Aamal’s operations are widely diversified and comprise 26 active business units (subsidiaries and joint ventures) with market leading positions in the key industrial, retail, property, managed services, and medical equipment and pharmaceutical sectors, thereby offering investors a high quality and balanced exposure to Qatar’s wider economic growth and development.
For further information on Aamal Company, please refer to the corporate website: http://www.aamal.com.qa
Further enquiries
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Arwa Goussous Corporate Communications Manager |
T: +974 4422 3888) |
