The FTSE Nasdaq Dubai UAE 20 index comprises 20 stocks admitted to trading on Nasdaq Dubai, the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX).
FTSE Russell and the Nasdaq Dubai have worked together to create a family of indexes suitable for the creation of financial products, such as index funds, warrants, certificates and Exchange Traded Funds. The indexes will facilitate the creation of exchange traded index derivatives that will list and trade on the Nasdaq Dubai.
FTSE Nasdaq Dubai UAE 20 Index is based on the top 20 eligible companies when ranked by full market capitalisation, i.e. before the application of any investability weighting, from the United Arab Emirates. This index is for the use of GCC and international investors, taking into account any free float or foreign ownership restrictions that may apply.
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