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FINANCIAL NEWS
Nasdaq Dubai: Equities volumes surge to 1.09m in Q1
11 Apr 2010
(MENAFN) A statement issued by Nasdaq Dubai said that the bourse’s equities trading volumes grew to 1.09 billion in the first quarter, marking their highest quarterly level since 2007, before the start of the global economic turmoil, TradeArabia reported.
Nasdaq Dubai, which is the international financial exchange serving the region between Western Europe and East Asia, said that its first quarter figure was 40 percent higher than the fourth quarter last year. The figure was also 5 percent up compared to the first quarter of 2009 level of 1.04 billion.
Data showed that equities volumes in March 2010 hit 567 million, registering its highest monthly rise since 2007. Nasdaq Dubai said that the total was 76 percent higher than the 322 million shares traded in February 2010, and 90 percent up on the March 2009 level of 298 million.
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