The MVIS United Arab Emirates Index (MVARE) tracks the performance of the largest and most liquid companies incorporated in the United Arab Emirates. The index also includes non-local companies incorporated outside the United Arab Emirates that generate at least 50% of their revenues in the United Arab Emirates. MVARE covers at least 90% of the investable universe.
Full MCap of at least 150 mln USD. Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews. At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
Pure-Play
Index includes non-local companies.
Diversification
Company weightings are capped at 8%.
Review
Quarterly.
Index
Last Close
Open
Last
Change
Change (1Y)
Range (1Y)
787.59
787.59
-
-
16.55%
359.80 - 809.93
1,292.13
1,292.13
-
-
42.69%
551.43 - 1,327.62
Timescale Slider
Symbol
IndexName
MVARE
MVIS United Arab Emirates Price Index
MVARETR
MVIS United Arab Emirates Total Return Net Index
NEWS & RESEARCH
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