Mohammad Al Mortada Al Dandashi
Al Ramz tops UAE trading in Feb
Dubai, March 9, 2014
Al Ramz Securities, a leading financial institution, continued to top trading at the Dubai Financial Market (DFM) and Abu Dhabi Securities Exchange (ADX) for the month of February following its strong market-leading start last month.
The brokerage firm traded at Dh10.2 billion ($2.77 billion) to account for 12.22 per cent of DFM activity from January 2 to February 27, 2014 and at Dh5.79 billion or 17.04 per cent of ADX exchange for the same period.
Al Ramz thus achieved an aggregate value trade of Dh15.99 to corner 13.62 per cent of the combined markets with an almost full 4 per cent gap from the second placer.
Al Ramz credited its market dominance to the hard work of its staff, the loyalty of its clients, and the healthy investment environment created by the government.
“This year is turning out to be another productive period for Al Ramz, and we would like to take this opportunity to thank our great team of staff and administrators, brokers and analysts for keeping us on top of the market for the second consecutive month,” said Mohammad Al Mortada Al Dandashi, partner and managing director, Al Ramz Securities.
“Of course, we would also like to salute our clients who continue to make us their preferred trading platform. Ongoing government efforts to further enhance the local investment environment will definitely work to our advantage as we eye more service additions and enhancements to best cater to the needs of our clients and partners.” – TradeArabia News Service