DP World meets with brokers and investors
- United Arab Emirates: 18 hours, 9 minutes ago
The FTSE NASDAQ Dubai UAE 20 Index closed 0.63% higher at 2127.10 Monday. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. According to the bourse, the gauge has been designed as a hedging and investment mechanism for GCC and international investors. Shares of DP World added 0.10%, ending at $13.01. Earlier in the day, the world's third largest maritime port operator said it was participating at the first Company Focus Week, organised by the Dubai Financial Market (DFM) and NASDAQ Dubai. Both markets are part of the holding Borse Dubai. The company focus week brings senior executives of DP World face to face with investors and brokers to answer their questions and share the company's equity story. Mohammed Sharaf, the group chief executive officer of DP World, delivered a presentation to share the latest developments at the company, as well as its strategic fundamentals, with an invited audience of over 70 brokers and investors. The presentation was followed by a networking session.
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Gérard Al-Fil, Financial Journalist



