Monthly Trading Report - February 2017

PUBLISHED ON 07-Mar-2017

The value of equities traded on Nasdaq Dubai in February 2017 reached USD 130,020,990, an increase of 14% from USD 114,461,930 in February 2016 and 7% higher than USD 120,992,804 in January 2017. 

Volume in February 2017 reached 9,450,036 shares, down 24% from 12,440,463 shares in February 2016 and 22% lower than 12,142,953 shares in January 2017.

The FTSE Nasdaq Dubai UAE 20 index ended February 2017 at 3,368, up 0.7% from 3,345 at the end of January 2017, and 2% higher than 3,294 at the end of December 2016.     

The index tracks 20 liquid stocks listed on Dubai Financial Market, Abu Dhabi Securities Exchange and Nasdaq Dubai. It has been designed as a hedging and investment mechanism for GCC and international investors.

On Nasdaq Dubai’s equity futures market, 161,521 contracts traded in February 2017, down 10%  from  178,976 contracts in January 2017. The most active broker by value on the equity futures market in February was Menacorp, followed by Mubasher and then Al Ramz.

The futures market currently consists of single stock futures on nine UAE-listed companies: Abu Dhabi Commercial Bank, Aldar Properties, Arabtec Holding, DP World, Dubai Islamic Bank, DXB Entertainments, Emaar Properties, Etisalat and Union Properties. 

Members market share – February 2017

Top 10 brokers % of equities traded value
EFG-Hermes Brokerage 50.97
Mubasher 12.5
SHUAA Capital 9.66
Arqaam Securities 7.82
Mashreq Securities 6.56
Menacorp 5.93
Al Ramz Capital 1.9
Emirates NBD Securities 1.46
Deutsche Bank 1.37
NBAD Securities 1.33
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Mark Fisher
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Email : corpcomm@nasdaqdubai.com