Qatar Stock Exchange (QSE) will soon introduce new tools to assist the listed companies in unifying the disclosure format and procedures, a move that could greatly enhance both retail and institutional investors’ confidence.
This was disclosed by QSE chief executive Rashid bin Ali al-Mansoori yesterday at a workshop on ‘Disclosure Practices of Qatari Listed Companies’, which was attended by representatives from the QSE, Qatar Financial Market Authority (QFMA), Qatar Central Securities Depository (QCSD) and the listed companies.
“What matters to investors primarily are transparency, efficient disclosure process and access to information. Our consultative meetings with local and international brokers, funds and investment firms have assured the significance of access to executive management and the availability of information on the company’s plans, liquidity and dividends, are important factors on which investment decisions are based,” al-Mansoori said.
QSE has voluntarily committed to advancing sustainability performance, transparency, and governance practices as part of its efforts in the United Nations Sustainable Stock Exchanges (SSE) initiative.
Stressing on the importance of disclosure and transparency in the financial market and considering it as a “vital necessity” on which investors build their investment decisions; he said transparency and adequate disclosure are key elements in the success of any financial market to gain the confidence of both individuals and institutional investors.
He highlighted that companies listed on the QSE have made great strides in the implementation of international standards in terms of disclosure and transparency and the development of dedicated investor relations (IR) departments and websites.
Nasser al-Abdulghani, QSE’s operations director, briefed the participants on the best disclosure practices and said the aim of the meeting is to promote cooperation and coordination between communication officers of the listed companies and the representatives of QFMA, QCSD, and the QSE for the best interest of investors.
“The best way to reach this objective is through exchanging views and listening to suggestions from the participants in order to overcome the difficulties encountered in the application of the best disclosure practices in the market,” he added.
The meeting was addressed by Dr Khalid Shams al-Abdulqader, Dean of the College of Business and Economics at Qatar University, who gave a presentation about the importance of quality, accurate and timely disclosures, and stressed that the QSE has gained confidence for being a stable and developed market and for its role in supporting the disclosure practices and promoting the market efficiency and investor confidence.

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