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Qatar Stock Exchange hereby informs of a methodology change to all QSE indices effective October 1st 2019, as approved by QSE Index Committee and QFMA.
The rule amendment relates to the Index Free Float definition as applied for index components calculation.
The Index Free Float definition reads as follows:
- Index Free Float for a stock is defined as the total outstanding shares less:
- Shares directly owned by the Government and affiliated entities,
- Shares held by Founders and Board Members of the company,
- Shareholdings which are 10% or greater of the total outstanding shares (except those held by pension funds in Qatar)
