Qatar to rebrand bourse index

22 April 2010

Qatar Exchange has said that the DSM20 Index will be renamed the QE Index following the rebranding of the exchange in June, Reuters has reported. The QE Index will be calculated based on free-float market value and the average daily traded value. The Qatar Exchange replaced its trading systems with NYSE Euronext technology after the Gulf state sold a 20% stake in the Exchange to NYSE Euronext for $200m in June.

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