DFM and ADX traded value well on track to eclipse last year's figure - The National:
"Liquidity is set to more than double last year's figure as investors pile their cash more aggressively into local stocks this year, according to brokers.
Traded value on the Abu Dhabi Securities Exchange and Dubai Financial Market reached Dh118 billion so far, compared with Dh74bn traded for the whole of last year.
"The market has surprised everybody," said Mohammed Ali Yasin, the managing director of National Bank of Abu Dhabi's brokerage arm, who expects the market to more than double by the end of the year. "The quarterly results gave it a big push and confidence levels have returned to 2007 highs.""
'via Blog this'
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