VOL. XLIV
No. 19
7-May-2001
UAE
UAE Shares Respond Modestly To New Market Developments
In line with market expectations, UAE equities reported a modest gain in the week ending 2 May, with the General Index of the National Bank of Abu Dhabi (NBAD), which consists of 38 over-the-counter (OTC) stocks, closing 0.78% up at 2,499.55 compared to 2,480.22 the previous week (see Table below). NBADs Emirates Stock Market Index (ESMI), which comprises 25 companies listed on the Dubai Financial Market (DFM)...
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