UAE nationals, int’l investors remain on par

DUBAI — Dubai Financial Market, or DFM on Tuesday said that the number of new investors registered during the first quarter of 2012 has grown by 93.5 per cent to 2613 investors compared to 1350 investors during the corresponding period of 2011.

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Published: Wed 25 Apr 2012, 11:04 PM

Last updated: Tue 7 Apr 2015, 12:52 PM

Investors have shown mounting enthusiasm to obtain a DFM Investor Number (IN), amid re-ignited sentiment towards listed securities, which in turn led to an 87.7 per cent jump in trading value during the first quarter to Dh20.47 billion compared to Dh10.91 billion in the same period of last year.

As for nationality groups, UAE investors shared the leading position with their foreign counterparts with 929 new investors for each nationality category, followed by Arab and GCC nationals with 623 and 132 new investors respectively. —

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