How to trade in uae stock market

How to trade in uae stock market

Posted: Gilgamesh Date: 14.07.2017

As with trading stocks in any market, the first thing to do is have at least a basic knowledge of the local economy. Whilst stock markets around the world are similar to each other to a certain degree, there are discrepancies that you need to be aware of. The UAE is ranked as a frontier market by the MSCI — one of the bodies that measure the performance of global markets.

The UAE has tried, unsuccessfully so far, to win promotion to the emerging markets category, which for years now may have kept international investors at bay. Keep yourself up-to-date with the latest business and financial news. If you have an interest in a particular sector or business then take the time to learn about the company or the industry it is in.

how to trade in uae stock market

Read their financial reports for at least the last two years. All listed companies have to issue financial reports with details of their various profits, incomes and revenues, which will often compare with the same period the previous year.

When it comes to buying the shares, it is best to open an account with a local broker. A UAE-based financial services company will give you access to the market, local knowledge and a greater understanding of the process from buying shares to selling them for profit. Some companies will let you buy stock direct from them in what is called direct stock purchase plans.

Contact the company you want to buy shares in and find out if they offer the direct service. Be sure to request a copy of their prospectus and other relevant information as part of your research into the company. The next option is to use an online discount broker. This is effectively a website or brokerage firm that allows you to buy and sell shares as you see fit.

The service comes with minimal fees — if any at all — but in return there is no real advice or direction offered.

The broker will take a small slice of your transactions. You can also use a full service broker.

Trade Arabia | Trade Arabia Middle East & GCC business information Portal | Trade News Portal

This option offers greater investment advice as well as research tools but in return charges higher fees. Trending Saudi appoints Mohammed bin Salman as Crown Prince Saudi extends Eid al-Fitr holiday by a week Thousands of camels deported from Saudi to Qatar as GCC rift continues Revealed: Last minute Eid staycation deals in the UAE.

Sunday 28 April Damas Delists From Nasdaq Dubai Read More. Doha Bank Sells Shares To Increase Capital. Facebook Shares Down Already. MENA Stocks Could Double By Top 10 Companies In The UAE.

Saudi Arabia Allows Rights Trade On Stock Market. Saudi Regulator Suspends MMG Shares. Stocks News- Kuwait Drops The Most In 3 Weeks. Saudi to transfer employees from troubled Oger construction firm.

Today's Stock Market News and Analysis - lazuxyderonav.web.fc2.com

UAE private sector workers to get two days off for Eid Al Fitr. Oman Air increases flight frequency to Qatar. Saudi appoints Mohammed bin Salman as Crown Prince.

how to trade in uae stock market

UAE's Al Ghurair appoints former Dubai Holding executive as new group CEO. Dubai's Emirates fined and barred from route expansion in China. Saudi and Bahrain plan new road and rail causeway.

How to invest Abu Dhabi Dubai stock share market

UAE minister says Qatar isolation could last years. Saudi rejects offer of Turkish military base amid Qatar spat. Advertise With Us Privacy Policy Contact us Subscribe.

inserted by FC2 system