Disclosure, transparency key to gaining investors’ confidence, QSE tells firms

The Qatar Stock Exchange (QSE) yesterday asked the listed companies to further strengthen disclosure and transparency, saying such measures have great impact on the companies’ success in gaining investors’ confidence and ensuring a healthy and fair trading environment.
“Transparency and adequate disclosure are key elements in the success of any financial market to gain the confidence of both individuals and institutional investors,” Nasser al-Abdul Ghani, QSE Market and Operations Control director, told the 2nd Annual Consultative Meeting on Disclosure Procedures with the participation of representatives from the Qatar Financial Markets Authority (QFMA), the Qatar Central Securities Depository (QCSD) and the representatives from various listed companies.
He stressed the importance of disclosure and transparency in the financial market and considered them a vital necessity on which investors build their investment decisions. Companies listed on the QSE have made great strides in implementing international standards in terms of disclosure and transparency, he said.
QSE experts gave a presentation on some of the difficulties hindering the implementation of the best disclosure practices aiming to ensure the achievement of fairness and provide the appropriate information to investors in a timely manner.
The participants responded to some queries from the communication officers of the listed companies and listened to their suggestions to promote the disclosure practices and strengthen cooperation among listed entities, the QFMA, the QCSD, and the QSE.