FTSE DIFX Index Series
18 November: The Dubai International Financial Exchange (DIFX) has rebranded its market as NASDAQ Dubai, effective today. The index series will be renamed to reflect DIFX’s rebranding to NASDAQ Dubai.
FTSE Group and the Dubai International Financial Exchange (DIFX) launched the first Gulf Cooperation Council (GCC) country tradable indices for domestic, GCC, and international investors. The GCC countries initially included in the series are the UAE, Kuwait and Qatar.
These indices are intended to facilitate the creation of investment products like tracker funds, index certificates, warrants, ETFs and also pave the way for the introduction of exchange traded index derivatives including futures and options.
As of the 28th April 2008, the number of constituents in the FTSE DIFX UAE 15 Index will increase to 20, with the name changing to the FTSE DIFX UAE 20 Index. This increase will give international investors a broader coverage of the expanding market.
FTSE DIFX Shariah Index Series
FTSE Group and the Dubai International Financial Exchange (DIFX) launched the FTSE DIFX Shariah Index Series, the first set of Shariah-compliant country tradable indices for the Gulf Cooperation Council (GCC) region in 2006. The index series is designed to represent the performance of the largest and most liquid Shariah-compliant companies in the GCC region, initially Kuwait and Qatar.
The Dubai International Financial Exchange (DIFX) has rebranded its market as NASDAQ Dubai, effective today.
