Tuesday 1 April 2014

UAE stocks share in the first quarter but face IPO test in the second quarter | The National

UAE stocks share in the first quarter but face IPO test in the second quarter | The National:



"After a stellar first quarter for UAE stocks, traders and investors say that future initial public offerings will test the appetite for equity markets.



The Abu Dhabi Securities Exchange General Index jumped 14.0 per cent in the period ended yesterday to close at 4,894.42 points.



The Dubai Financial Market General Index surged 32.0 per cent over the same period to close at 4,451.00 points."



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