The Qatar Stock Exchange has warned of contacts made by suspicious entities claiming to represent the stock exchange in providing financial advisory services unlawfully, and called on those dealing with the stock exchange to be careful and not to share any confidential or private information with these entities.
A large number of individuals had received phone calls from gangs confirming that they are consulting offices affiliated with the stock exchange and requesting bank account data and other confidential information, to seize bank accounts of bank clients under the pretext of investing them in the stock exchange and achieving fake returns.
On the other hand, all companies listed on the Qatar Stock Exchange disclosed their financial results for the period ending on March 31, 2023, as their net profits for that period amounted to 12.54 billion riyals, compared to 13.94 billion riyals for the same period last year 2022, a decrease of 10.04%.
The stock exchange said that all the financial statements of the listed companies are available on the stock exchange’s website, and the stock exchange’s management thanked all the listed companies’ departments for their cooperation in promoting the principle of disclosure and transparency.
For its part, the Meqdam Holding Group announced that the company obtained the non-objection of the Qatar Financial Markets Authority to increase the capital of the Meqdam Holding Group by offering 30 million ordinary shares for subscription to the shareholders of the Meqdam Holding Group.
The company will, in coordination with the Qatar Stock Exchange, the Qatar Central Securities Depository Company, the Ministry of Commerce and Industry and the relevant regulatory authorities, take the necessary measures to complete the capital increase process, after taking into account all relevant legislation, laws and instructions.
In turn, the Qatar General Insurance and Reinsurance Company disclosed the results of the Ordinary General Assembly meeting for the year 2022, which was held on May 07, 2023, as the voting results came in approval and approval by a majority by the General Assembly of Shareholders on all items of the Ordinary General Assembly meeting for the year 2022.
On the other hand, the green color decorated the stock market screen yesterday, after the general index gained 42.59 points, or 0.40%, bringing the general index to
10715.60 points, supported by the rise of 6 sectors, led by insurance. Liquidity rose to 703.96 million riyals, compared to 534.89 million riyals on Sunday, and trading volumes rose to 338.2 million shares, compared to 245.09 million shares in the previous session, and 22.15 thousand deals were executed.
“Doha Insurance” topped the gains by 9.99%, while “Gulf International” topped the red list by 4.48%.
