Qatar upgraded to Secondary Emerging Market FTSE Russel, the global leader in indexing, has upgraded the Qatari Market to Secondary Emerging Market. Qatar has already been upgraded by two other global index compilers MSCI and S&P, in May 2014 and September 2014, respectively, and the FTSE an**uncement will further deepen its capital Market system. In the past, when Qatar was upgraded to the Emerging Market status by MSCI and S&P, the country’s average daily tur**ver increased. Hence, an upgrade by FTSE is expected to add to the Market momentum. Along with China and Kuwait and 10 other markets, Qatar was placed in the FTSE watch list for consideration in the September 2015 Market classification review for the upgrade at different levels. Just three markets on the list were upgraded. While China’s A-Shares remained on the Watch List for possible inclusion as Secondary Emerging, Kuwait failed to be included in the list this time. The FTSE Emerging Markets Indices are a part of the FTSE Global Equity ****** (GEIS). The index helps investors analyse the performance of the most liquid companies in Emerging markets. The index includes several large-and- mid-cap stocks from advanced and Secondary Emerging markets. China had the highest weightage (26.6%) in this index, followed by Taiwan (14.1%) and India (12.6%), according to analysts. “It is difficult to say how many companies will make it to the index, however, we can make a fair assessment that the maximum number of companies that do make it to the EM index will **t be more than what are already included in the FTSE Frontier Index i.e.37”, analysts at Global Research said. Qatar will be ******* from the Frontier index in September 2016. RELATED ARTICLES: Qatar-defends-its-Asian-LNG-market , Emerging-markets-fueling-demand-for-lubricants , Emerging-markets-holding-breakers-together ,