2013-03-10 14:21:09 - Trades at AED 2.62 billion to account for nearly 11 per cent of national market

March 10, 2013
Al Ramz Securities, one of the UAE’s leading brokerage houses, continued its domination of the local market this year, posting a total trade value of AED 2.62 billion in February 2013 to account for 10.82 per cent of UAE stock exchange, which stood at AED 24.25 billion for the period.

Following up on its market-leading performance in January, Al Ramz topped Abu Dhabi Securities Exchange (ADX) by trading AED 1.09 billion to claim a 10.63 per cent local stake. At the Dubai Financial Market (DFM), the broker also topped the market and posted AED 1.53 billion to take a 10.97 per cent share of domestic trade.

“Al Ramz is off to what is arguably its best start in

national trading and we certainly intend to maintain the momentum as the local markets continue their rebound. Last year we managed to consistently rank first at the DFM and among the top three local players in UAE; we are currently working on topping our performance last year,” said Mohammad Al Mortada Al Dandashi, Partner & Managing Director, Al Ramz Securities.

Al Ramz Securities has over 14 years of proven innovation and excellence in the financial markets. It was the first company to be awarded a financial consultation and analysis license by the UAE Securities and Commodities Authority. Delivering world-class retail and institutional services through its branches in Abu Dhabi, Dubai, Al Ain, Al Ramz is a member of the ADX, the DFM and Nasdaq Dubai.