Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

United Arab Emirates Bourse Recovers Ground

Date 02/08/2002

The UAE bourse's Emnex index picked up 1.84 points to close at 2,066.52 points on Wednesday, recouping ground lost over the previous two days. Insurance shares were in demand. So far this year the UAE stock market has not enjoyed the steep rise in value seen in some other GCC bourses, and it remains dogged by poor liquidity and low trading volumes.