The most exciting developments happened in UAE’s main indices, DFM and ADX, as NASDAQ launched the respective equity index futures on Sunday. This development is expected to be a breakthrough to investors in the Middle East capital market.
The main characteristic of the futures contract is to offer a new way to gain from the performance of the listed companies. The DFM General Index will provide investors with exposure to a basket of 37 of most promising and prominent listed companies, like, Emaar Properties, Dubai Islamic Bank and Dubai Investments. We expect this venture to further boost the global profile of the emerging Middle East stock market and facilitate more foreign investments.