Nasdaq Dubai launches Abu Dhabi, Dubai equity index futures
Abu Dhabi
IN a move that could attract fresh money to the United Arab Emirates' (UAE) equity markets, the Nasdaq Dubai exchange launched futures contracts on Sunday covering the main indexes of the country's two main stock markets in Abu Dhabi and Dubai.
The futures provide exposure to the General Index of the Abu Dhabi Securities Exchange and the equivalent index at Dubai Financial Market, giving investors new opportunities to hedge.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
OECD upgrades global growth outlook as US outperforms
US official urges China, Russia to declare only humans, not AI, control nuclear weapons
Banking giants race to Riyadh as MBS steps up pressure campaign
Biden now calls ally Japan ‘xenophobic’ along with China, Russia
Japanese companies struggle with yen’s continued weakness
Australia’s March goods trade surplus narrows to more than 3-year low