Can Qatar reach Develop Stock exchange status?
As Qatar is formally included in the MSCI Emerging Markets Index with a 0.45 percent weighting, analysts debate if this will be a precursor for the market to become a developed one, not if global market history is a relevant guide, writes Simon Watkins.
With the MSCI Qatar’s upgrade into the Emerging Markets Index, expectations run high as to what this might mean for Qatar’s global investment profile. However, the mere fact that the country is now classed as an Emerging Market (EM) does not mean that, any time soon, it will be regarded as a nascent Developed Market (DM), with all of the investment flows that this implies, if history is any guide.
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Source News: qatar-gulfnews.com
