NASDAQ Dubai Monthly Trading Report: May 2013
The value of equities traded on NASDAQ Dubai in May 2013 reached 97,267,892 dollars, an increase of 154% from 38,274,929 dollars in May 2012 and an increase of 97% from 49,352,280 dollars in April 2013.
Equities volume in May 2013 reached 7,748,077 shares, an increase of 69% from 4,585,518 shares in May 2012 and an increase of 87% from 4,132,816 shares in April 2013.
The FTSE NASDAQ Dubai UAE 20 index ended May at 2,646, up 8% from 2,454 at the end of April 2013 and up 45% from 1,820 at the end of 2012. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. It has been designed as a hedging and investment mechanism for GCC and international investors.
Deutsche Bank was the most active Member of the exchange by equities traded value in May 2013, followed by EFG-Hermes Brokerage (UAE) and then Arqaam Securities.