Trades AED 1.87 billion for the month to rank 2nd in UAE market
Al Ramz Securities, one of the UAE's leading brokerage houses, reported AED 1.48 billion in market-value trade at the Dubai Financial Market (DFM) for the month of March 2012 to once again dominate Dubai's stock exchange at 7.72 per cent after topping the market in February and January this year.
The broker finished a solid second in the Abu Dhabi Securities Exchange (ADX) at AED 391.84 million to gain a 6.75 per cent share, topping last month's 3rd-place finish. Al Ramz traded a total of AED 1.87 billion in March to account for 7.5 per cent of trading activity for the month and rank second overall in the UAE market.
UAE trade for the month was at AED 19.14 billion at the DFM and at AED 5.8 billion at the ADX for a total of AED 24.94 billion.
"We thank our valued clients for their trust and confidence and for playing a big part in our sustained market leadership. We are targeting further enhancements to our services and systems to meet and exceed our client's expectations as much as possible. With market activities picking up we expect to consistently rank high in the national markets throughout 2012," said Mohammad Al Mortada Al Dandashi, Managing Director, Al Ramz Securities.
Al Ramz is a member of the Abu Dhabi Securities Exchange (ADX), the Dubai Financial Market (DFM) and Nasdaq Dubai. It has been consistently topping ADX and DFM trading. Al Ramz provides retail and institutional services via branches in Abu Dhabi, Dubai, Al Ain. Al Ramz is the first locally-based brokerage company licensed by the Emirates Securities and Commodities Authority to provide advisory services for customers and was awarded recently with the license to trade outside UAE.
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© Press Release 2012
