Trading Report - March 2020

PUBLISHED ON 17-May-2020

The value of equities traded in March 2020 reached USD 310,337,764, up 27% from USD 243,768,448 in March 2019 and down 20% from USD 390,063,648 in February 2020. Volume in March 2020 reached 24,678,895 shares, up 12% from 21,986,032 shares in March 2019 and down 38% from 40,036,647 shares in February 2020.

The FTSE Nasdaq Dubai UAE 20 index ended March 2020 at 2,135.50, down 30% from 3,038.36 at the end of February 2020 and down 33% from 3,184.38 at the end of December 2019.

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, traded value in March 2020 reached AED 4.65 million, down 60% from AED 11.66 million in February 2020. A total of 24,857 contracts traded in March 2020, down 39% from 40,495 contracts in February 2020. The most active broker (excluding market-making) by value on the equity futures market in March 2020 was BH Mubasher followed by Al Ramz Capital and then Menacorp.

The futures market currently consists of single stock futures on 17 UAE-listed companies and 12 Saudi Arabia-listed companies, as well as index futures on DFM’s DFMGI index, ADX’s ADI index, MSCI’s UAE equity index and the FTSE Saudi Arabia Index.

Members market share

Top 10 brokers % of equities traded value
EFG-Hermes Brokerage 58.17%%
Arqaam Securities 32.26%%
BH Mubasher 3.50%%
SICO Financial Brokerage 2.66%%
FAB Securities 1.05%%
Emirates NBD Securities 0.78%%
Al Ramz Capital 0.43%%
Al Ramz Capital (MM) 0.30%%
ADCB Securities 0.27%%
Mashreq Securities 0.24%%
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Mark Fisher
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Email : corpcomm@nasdaqdubai.com