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View Full Version : UAE Investor Confidence Index records massive gain - GCC Index up 15.2 points



Dinarsareus
04-21-2010, 05:56 AM
21-04-2010 , 05:39 GMT

SHUAA Capital today issued its GCC Investor Sentiment Report, the only report of its kind for the Gulf markets. The SHUAA GCC Investor Confidence Index and its country sub-indices have a range between 0 and 200. A number greater than 100 represents positive sentiment while a number lower than 100 represents negative sentiment.



The GCC Investor Sentiment Index gained a massive 15.2 points, its second biggest ever gain on record. The results of the Index were almost entirely driven by a dramatic, positive change in investor sentiment towards the UAE. Following the Dubai World restructuring proposal that was announced on 25 March 2010, the UAE Investor Confidence Index recoded a significant jump of 36 points to a massive 120.4 points. The rest of the region also benefited from an improvement in investor confidence with all GCC Indices now above the 100 point threshold.


http://www.menareport.com/en/business/314830