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Thursday, December 3 - 2009

Nasdaq Dubai publishes its monthly trading report for September 2009

  • United Arab Emirates: Tuesday, October 06 - 2009 at 13:45
  • PRESS RELEASE

Equities trading volumes on Nasdaq Dubai rose to 2.32 billion shares in the first nine months of 2009, up 48% from 1.57 billion reported in the same period of 2008.

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In the third quarter of 2009, a total of 565 million shares traded, up 18% from 479 million reported in the same period of 2008.

Equities volumes for the month of September 2009 reached 262 million. This was 50% higher than the 175 million reported in August 2009, and 9% below the 289 million reported in September 2008. The September 2009 period included Eid holidays when the exchange was closed.

The exchange introduced mandatory reporting of all over the counter equities trades in September 2008.

A total of 11,249 Dubai Gold Securities (DGS) traded on the exchange in September 2009, up from 321 in August. Since listing in March 2009, a total of 38,940 DGS traded on the exchange to the end of September.

Equity derivatives trading volumes grew in September 2009 to a monthly record of 13,775 futures contracts, up 14% from the previous monthly record of 12,115 in August. A total of 69,137 futures contracts have traded since Nasdaq Dubai launched its equity derivatives market in November 2008.

Equity futures are listed on 21 individual UAE companies and on the FTSE Nasdaq Dubai UAE 20 share index, which has been designed as a hedging and investment mechanism for GCC and international investors. The index rose 80% from end-2008 to end-September 2009, to 2,241.
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Notes and media contacts

About Nasdaq Dubai:

Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, exchange-traded commodities, structured products, Sukuk (Islamic bonds) and conventional bonds.

The majority shareholder of Nasdaq Dubai is Borse Dubai with a two-thirds stake. Nasdaq OMX Group owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA). Nasdaq Dubai is located in the Dubai International Financial Centre (DIFC). For more information, visit www.nasdaqdubai.com.

For more information, contact:

Mark Fisher
Nasdaq Dubai
Tel: +971 4 3612220

Suzanne Samaan
Media Relations Manager
JiWin Public Relations
Tel: +971 4 3613869
Fax: +971 4 3688001

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