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Total defined shareholders in Qatar reach 955,756 in June

Published: 13 Jul 2018 - 01:27 am | Last Updated: 04 Nov 2021 - 01:23 pm

The Peninsula

DOHA: The number of defined shareholders in Qatar reached 955,756 in June said the monthly report issued by Qatar Central Securities Depository (QCSD).The number of shareholders who have a bank account in June reached 48,962 compared to 48,792 in May.

QCSD noted that shareholders should update their registered data and add their own bank accounts, which will make it easier for them to earn profits distributed by companies. The number of Qatari individual shareholders in June reached 279,557 compared to 279,546 in May. The number of Qatari shareholding institutions in June reached 3,802 shareholders, compared to 3,801 in May.

The number of non-Qatari individual shareholders in June reached 668,323 compared to 668,290 in May, while the number of non-Qatari shareholding institutions reached 4,074 in June, compared to 4,086 in May. The number of QCSD website’s users in June was 940 users, compared to 1,232 in May, a decrease of 23.7 percent, and the browsing amounted to 3,766 in June, compared to 5,247 in May, down 39.3 percent. QCSD amended the foreign ownership percentage in the shares of Qatar Fuel Company (WOQOD) to become 49 percent of the company’s capital, equivalent to 48,718,532 shares.

QCSD said that it has registered bonds issued by Qatar Central Bank (QCB) for the second quarter of 2018 in its systems. Bonds were registered with a date of issue on the June 3, including the first bond on the maturity date of June 3, 2023, with the value of QR3.700bn and a total number of bonds issued was 370,000, and the second bond on the maturity date of June 3, 2026, with value of QR 2.300bn and a total number of bonds issued was 230,000.

The QCSD has also registered treasury bills issued by Qatar Central Bank for the second quarter of 2018 in its systems. Treasury bills (T-Bills) were registered with a date of issue on the 5th of June.

The T-Bills included three-month treasury bills with the value of QR250m. The total number of T-Bills issued was 25,000 and a maturity date of September9, 2018. It also included six-month treasury bills issued with the value of QR300m. The QCSD also registered nine-month treasury bills issued by QCB with the value of QR200m.

In its monthly report, the QCSD also provided figures and statistics illustrating the main activities carried out during June. In ownership transfer of the third market, the QCSD conducted 159 family transfers in June, compared to 168 in May, a decrease by 5.36 percent. It also conducted 556 inheritance transfers in June, compared to 414 in May, a rise by 34.3 percent. Fourteen exception transfer was made in June, compared to one in the previous month.

In June, 63 foreclosure operations were registered, compared to 70 operations in May, down by 10 percent. QCSD also registered 92 decommissioning operations, compared to 167 in the previous month, down 44.91 percent.

In addition, 79 account openings for new shareholders were registered in June, compared to 91 in May, down by 13.19 percent; 4,195 account statements were issued in June, compared to 7,777 statements in May, a decrease of 46.06 percent; 221 attestations were issued in June, compared to 448 in May, down 50.67 percent.

The monthly report contains its main procedures during the month, which include custody, recording, management, acquisition, clearing and settlement of securities and derivatives and other financial instruments; the provision of related financial services; the transfer of ownership of executed contracts through trading and remittances; in addition to the implementation of all bookings and decommissioning and foreclosure operations at the request of the relevant parties. QCSD also updated a number of shareholders’ statements and added new shareholders.