Doha market stock
Doha stock market is also known as DSM, which stands for Doha Securities Market. It is the major stock market in Qatar, UAE. In May 1995, an order of the opening of DSM was issued. After two yeas, i.e. in May 1997 the market was officially opened for all the investors. The working of Doha Stock Market is similar to any other stock market in the world. However the valuation of the circulating stocks is done on the basis of demand and provision mechanism. As a result the market is highly dependant on the current status of the requirement of the customers.
In Doha stock market a large number of companies from UAE are involved. Out of these registered companies, top 20 companies are listed in the DSM index. These are major companies from which the stock index is determined. There is variety of mediation companies involved in the trade of Doha Securities market. These companies create a connection between the stock exchange and the investors. In Doha Stock market the investors cannot carry out the trading all by themselves. This means an investor cannot buy or sell his stocks unless and until mediation company is present between him and the stock market. Otherwise the investor can carry out the transactions by paying a certain amount as commission to the internal market article.
There are various types of companies that are listed in the stock exchange register. The official Doha stock market website comprises of a general description of all these companies on the front page. Information such as establishing time of company, company targets and status of its current business is provided on the same page.
The DSM comprises of different organization bodies. On the top of the organization is the market committee and general manager. There are several market consultants involved in the trading system. These are finance and administration consultants, information and public relation consultants, registration, IT, trading, brokerage affairs and legal affairs consultant. All these elements form the structure of Doha Stock market.
The basic plot of the Doha stock market is similar to the standard format of the stock market. The drift of the common subscription is that, the company for the first time puts its shares into the circulation for the public. The Doha stock Market has issued some rights of priorities for the public. This is the right of the shareholders of the company. According to this, the shareholders get the first priority if the companys capital is increasing. The investment fund in DSM is the funds collected from the investors subscription. The Doha Stock Exchange charges no extra taxes on the capital profits fixed by money.
Any company wishing to register in DSM must fulfill following requirements. The company must submit a copy of Articles of Association and Memorandum. Other than these, a list of Board of Directors, Commercial Registration, information of the company share holders and all the current information about the company shall also be provided by the company. A company registered in Doha Stock exchange cannot hold number of share holders less than or more than 100 investors.
Other Articles
