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DP World stabilises in range between $10 -$11

  • United Arab Emirates: Thursday, August 16 - 2012 at 16:27

The FTSE NASDAQ Dubai UAE 20 Index closed at 1700.16 today, up half a percentage point from the previous close. The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange ADX and NASDAQ Dubai. The gauge has been designed as a hedging and investment mechanism for GCC and international investors. Dubai Ports (DP) World, the third largest maritime port operator in the world, gained 0.90% to close at $10.24.

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