Thursday 3 June 2010

FTSE picks regional stocks - The National Newspaper


A basket of diverse stocks from the UAE will soon be on the radars of more global fund managers thanks to the country’s new classification as an emerging market.

The 13 stocks will be included in the FTSE Global Equity Index Series from late September, said Jonathan Cooper, the FTSE regional managing director. They include seven companies from Dubai and six from Abu Dhabi, representing industries including energy, property, banking and telecommunications.

Being added to the index should give UAE stocks a higher profile among institutional investors and potentially attract more foreign investment.
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1 comment:

  1. Qasim11876Thursday, June 03, 2010 2:22:00 pm

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