Montly Trading Report: November 2016

PUBLISHED ON 30-Nov-2016

The value of equities traded on Nasdaq Dubai in November 2016 reached USD 151,562,633, an increase of 50% from USD 100,717,493 in November 2015 and 32% higher than USD 114,763,343 in October 2016. 

Volume in November 2016 reached 31,096,998 shares, down 26% from 42,180,774 shares in November 2015 and 120% higher than 14,190,396 shares in October 2016.

The FTSE Nasdaq Dubai UAE 20 index ended November 2016 at 3,079, down 1.8% from 3,133 at the end of October 2016 and up 0.5% from 3,063 at the end of December 2015.     

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.

Activity on Nasdaq Dubai’s equity futures market increased in November 2016 to 222,829 contracts traded, up 116% from 103,393 contracts in October 2016. The most active broker by value on the equity futures market was Menacorp, followed by Al Ramz and then Mubasher.

The futures market opened on September 1, 2016, and 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 – November 2016

Top 10 brokers % of equities traded value
 EFG-Hermes Brokerage 49.31
 Mubasher 19.41
 Arqaam Securities 16.24
Al Ramz Capital 4.47
Deutsche Bank 2.6
Menacorp 1.96
ADCB Securities 1.36
Emirates NBD Securities 1.23
NBAD Securities 0.98
Mashreq Securities 0.93
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Mark Fisher
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Email : corpcomm@nasdaqdubai.com