FTSE Nasdaq Dubai UAE 20 closes 0.36 percent high

DUBAI — The FTSE Nasdaq Dubai UAE 20 Index spiked 0.36 percent, closing at 3346.8 points at the end of Sunday’s session which saw trading of 58,000 shares worth US$409,000.

DP World was among the top performers out of nine listed companies, trading 17,000 shares worth $361,000, closing at $21.8, 2.8 percent up from its last traded price, followed by ENBD REIT (CEIC) Limited, ENBD REIT, a Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management, trading of 24,000 shares worth $25,000 and closing at $1.03.

The FTSE Nasdaq Dubai UAE 20 index comprises 20 stocks admitted to trading on Nasdaq Dubai, the Dubai Financial Market, DFM, and the Abu Dhabi Securities Exchange, ADX.

The platform enables the listing of a diverse range of asset classes beyond shares, such as derivatives, ETFs, REITs, bonds and Sukuk. It provides services to a wide network of businesses from West Europe to East Asia, attracting exporters seeking investment opportunities in different financial platforms.

Source: Emirates News Agency