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The value of equities traded on NASDAQ Dubai in May 2012 reached 38.3 million dollars. This was an increase of 4% from 36.9 million dollars in April 2012 and a fall of 39% from 63.2 million dollars in May 2011.
The FTSE NASDAQ Dubai UAE 20 index ended May 2012 at 1,560, down 8% from 1,694 at the end of April and up 14% 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.
Deutsche Bank was the most active Member of the exchange by equities traded value in May 2012, followed by Arqaam Securities and then EFG-Hermes Brokerage (UAE).
