Monday 4 July 2011

Fair result for UAE after roller-coaster first half - The National

It has been a roller coaster first half of the year for investors.

Stock markets here were initially buffeted by the economic implications of the unrest in some parts of the region and then, more recently, seen as an attractive haven for investment. At the end of the first half, the Dubai Financial Market General Index was down 8.6 per cent to 1,518.33 points, from the start of the year, and the Abu Dhabi Securities Market General Index was down 1.6 per cent to 2,704.19 points.

Today, the UAE is among the most attractively valued stock markets in the GCC, while Kuwait is the most expensive, as we head in to the second half of the year, according to Zawya.com data.


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