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FINANCIAL NEWS
Nasdaq Dubai reports 83% rise in trading value
18 May 2010
(MENAFN) Nasdaq Dubai said that equities value traded in the month of April 2010 rose by 83 percent, reaching $94 million, compared to $51 million in April 2009, Khaleej Times reported.
Measured by percentage change, Nasdaq Dubai?s equity value and volume figures were the best performing of any UAE stock exchange in the first four months of 2010 and in the month of April 2010, compared to the same periods in 2009.
Equity derivatives contracts traded on Nasdaq Dubai rose 29 percent in the first four months of 2010 to 19,210, up 29 percent from 14,867 traded in the first four months of 2009.
In April 2010 equity derivatives trading reached 2,100 contracts, down 72 percent from 7,575 contracts in April 2009.
The FTSE Nasdaq Dubai UAE 20 index fell in April 2010 to end the month at 1,900, 3.5 percent lower than at the end of March 2010 but 2.5 percent higher than at the start of the year.
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