One of the challenges that Gulf countries’ stock market is improving the liquidity of the market which would lead to better pricing and make it more attractive to investors, according to William Foster, Capital Markets Specialist and Chief Operations Officer, Abu Dhabi Securities Market.
Good governance and increasing transparency of operations contribute to increasing investments in listed companies as they help improve the performance of companies, Foster said here yesterday. He said that when companies are well valued they become attractive to investors and with more people investing in these companies, the better the liquidity will be in the stocks and the better pricing will be in the market. “That can be done consistently around the Gulf and that will help reduce the volatility which has been the feature of the Gulf markets”, he said.
He also noted that Qatar is seeing the need to take corporate governance seriously and that companies are showing that they are keen as other companies in the region are, to improve their performance by adopting best practice of governance standards. Foster is taking part on the two-day symposium on corporate governance for Qatari shareholding companies in which he presented a paper titled ‘Improving corporate governance’. The event is being organised by MicroMedia-Qatar and sponsored by the Doha Securities Market at the Marriott Hotel.
See full Article.
Posts
