Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Nasdaq Dubai Monthly Trading Report: August 2009

Date 10/09/2009

Equities trading volumes on Nasdaq Dubai rose to 175m shares in August 2009, up 80% from 97m reported in August 2008.

The increase followed year-on-year monthly volume rises of 110 % in June 2009, to 190m shares, and 32% in July 2009, to 128m.

In the first eight months of 2009 trading reached 2.06bn shares, up 71% from 1.2bn reported in the same period of 2008.

The exchange introduced mandatory reporting of all over the counter equities trades in September 2008.

Equity derivatives trading volumes grew in August to a monthly record of 12,115 futures contracts, up 37% from 8,845 in July. A total of 55,307 futures contracts have traded since Nasdaq Dubai launched its equity derivatives market in November 2008.

Equity futures are listed on 21 individual UAE companies and on the FTSE Nasdaq Dubai UAE 20 share index, which was designed as a hedging and investment mechanism for GCC and international investors. The index rose 54% from end-2008 to end-August 2009.

A total of 371 Dubai Gold Securities (DGS) traded on the exchange in August 2009, down 87% from 2,888 in July 2009. Since listing in March 2009, a total of 27,641 DGS traded on the exchange to the end of August.