"The surge of liquidity across the stock markets of Abu Dhabi, Dubai and Qatar is likely to be the clinching factor in securing inclusion in the MSCI emerging markets index next month, after five failed attempts. That will allow the bourses of some of the world’s richest per capita cities to ditch their frontier market status.
It has long been ridiculous that the UAE and Qatar have stock markets ranked alongside the likes of the poorest nations such as Bangladesh. Yet a combination of poor liquidity and a lack of investment options for foreigners has prevented these Gulf States being ranked up with the emerging market leaders, Brazil, Russia, India and China."
'via Blog this'
No comments:
Post a Comment