Qatar is gearing up for a FIFA World Cup equity market boom as the country’s stock exchange is all set to benefit from the upcoming colossal event. Historically, the average MSCI country stock market index of host nations of the previous seven World Cups, excluding outlier Brazil, grew by 21.8 percent in the year leading up to the World Cup and by 13.4 percent in year after the tournament. The World Cup gains on the QSE are expected to carry into the next year as well, primarily from construction, real estate, tourism and retail spending that trickles down to the exchange-listed companies and the broader economy as a whole. The state has spent more than $300bn to upgrade its infrastructure, including the Doha Metro, . . .
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