Dubai:

The Qatar Stock Exchange (QSE) said it has removed Ezdan Holding from the index temporarily after the company decided to from a public shareholding company to a private company.

“The Index Committee decided that the effective date of the removal will be as of the closing of the trading session on May 29th, after QFMA approval,” the QSE said in a statement.

Ezdan weight will be proportionately redistributed to the remaining index constituents of QE Index and QE Al Rayan Islamic Index.