Bloomberg News

Dubai Trading Value Surges to $194 Million, the Highest Since April 2010

February 26, 2012

The value of shares traded on Dubai’s stock market soared to the highest since April 2010 today to 713 million dirhams ($194 million), according to Bloomberg data.

The benchmark DFM General Index, up 29 percent from a low in January, rallied 2.7 percent to 1,676.49 at the 2 p.m. close in the emirate.

Trading values had slumped to $5.3 million in November, the lowest since August 2004.

To contact the reporter on this story: Zahra Hankir in Dubai at zhankir@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net


Hollywood Goes YouTube
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus