Equity Volumes Mounted the Most Since 07 for NASDAQ Dubai

nasdaq dubaiEquities trading on Nasdaq Dubai elevated to the highest first quarter since 2007. The trading recorded inclined to 1.09 billion in the first quarter of 2010 i. e. highest after the economic crisis.

The figures suggested that the recorded 2010 first quarter trading was 40% up as compared to the stats in the fourth quarter of 2009 with a total of 776 m and also it was 5% higher on first quarter of 2009 at a level of 1.04bn.

For March the Equities volumes mounted to 567 million which can be stated as the highest monthly figure since 2007. On an average, it was 765 inclined than 322m shares that were traded in February 2010 and for March, it was
90% up from the figures of 298m.

If evaluated from the point of view of equity volumes, Citigroup was found out to be the most active member in the 2010 first quarter with subsequent names of Deutsche Bank and HSBC. It was known that the EFG Hermes was crowned with the title of most active regional Member during the same quarter Emirates NBD Capital and then Arqaam Capital followed the list.