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Tuesday, 02 December 2008 | 00:38 UAE time

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FINANCIAL MARKETS

Doha Securities Market

  • +6,147.85 Last
  • +76.46 (+1.26%) Today's Change
  • 20.19m Volume
  • 5,504.53-12,627.32 52 Week Range
  • -2,836.27 (-31.57%) 52 Week Change
As of 1 Dec 2008 09:28 GMT (Market Closed)

COMPANY DESCRIPTION

The Doha Securities Market (DSM) was established in accordance with the Decree law (14) in 1995.

The Market started its activities on the 26 May 1997.

Securities' trading was manual at the trading halls and the clearing and settlement department, and then the transformation into a Central Registration System was implemented on August 1998.

Trading became fully-electronic on 11 March 2002.

On 3 April 2005, a law was issued amending some provisions of Law No. (13) of the Year 2000 regulating the foreign investment in the economic activities. The amendment allows non-Qatari's to invest in all companies listed at the DSM at a rate not exceeding 25% of the traded shares.

On 14 September 2005, Law No. (33) for the year 2002 was issued relevant to the establishment of Qatar Financial Markets Authority (QFMA) and the Doha Securities Market Company (DSMC).QFMA is an independent and empowered regulatory and supervisory authority for the capital markets in Qatar.

KEY INFORMATION

Industry

Securities Market

Address

DSM Building, Hamad Grand Street, 22114, Doha, Qatar

T

974 4333666

F

974 4319233

E

dsm@dsm.com.qa

W

www.dsm.com.qa

COMPANY OVERVIEW

Ownership Type Established on Employees
Government Non-corporate entity 26 May 1997 -

MAJOR SHAREHOLDERS

NameCountry
NYSE Euronext USA
Qatar Investment Authority Qatar

OFFICERS

BOARD OF DIRECTORSPosition
HE Yousuf Hussein Kamal Chairman
HE Sheikh Khalid Bin Thani Bin Abdulla Al Thani Deputy Chairman
Saif Khalifa Al Mansoori Board Member
Mohammad Hassan Al Saadi Board Member
Mohammad Jassim Al Kuwari Board Member
Mohammed Ahmed Towar Al Kuwari Board Member
Waleed Jassim Al Mssalam Board Member
Fahad Hussain Al Fardan Board Member
Sheikh Saoud Bin Abdulla Bin Mohammad Al Thani Board Member
HE Sheikh Fahad Bin Jassim Bin Mohammad Al Thani Board Member
Abdulaziz Bin Mohammed Al Atai Board Member
MANAGEMENTPosition
Saif Khalifa Al Mansouri Acting Director General
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details. All markets data located on ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only. Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate Selected data supplied by Reuters Limited. Click for Restrictions.