The value of equities traded on NASDAQ Dubai in February 2012 reached 37.9 million dollars, up 8% from 35 million dollars in January.
Equities traded value in February 2011 was 71 million dollars. The FTSE NASDAQ Dubai UAE 20 index ended February 2012 at 1,766, up 19% from the end of January 2011 and up 29% from the end of December 2011.
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.
The most active Member of the exchange in February 2012 by equities traded value was EFG Hermes Brokerage (UAE), followed by Deutsche Bank and then Arqaam Securities.