The UAE's capital markets scene needs to attract more institutional investors to ensure long-term growth prospects, analysts said yesterday.
The Dubai Financial Market (DFM) earlier this week reported an increase in the number of new investors registering to trade on the bourse in the first quarter, rising by 93.5 per cent to 2,613, up from 1,350 in the same period last year.
However, retail investors continue to dominate the bulk of trading activity and some analysts believe more investment is required from overseas to ensure healthy returns and long-term prosperity.
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