CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

MSCI impact: Barwa shares up over 50pc

Published: 23 Sep 2014 - 06:44 am | Last Updated: 20 Jan 2022 - 06:20 pm

DOHA: Real estate major Barwa’s shares surged more than 50 percent in August, manly after its inclusion in MSCI index. The average number of transaction of its shares per month increased from 5,585 in FY 2013 to 11,680 per month in YTD 2014 (August 31), a Barwa case study presented at yesterday’s Investor Relations conference has revealed.
QE’s post MSCI inclusion transaction history suggests that foreign institutional investors’ transaction made a positive momentum in the bourse. Foreign institutional investors’ transaction jumped to 24.9 percent in 2014 from 23.9 percent in 2013 on the buy side. The post-MSCI upgrade performance of QE indicates that the bourse gained about 40 percent. Real estate index rose about 50 percent during the period. The Peninsula