MVIS® United Arab Emirates Index

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.

Key Features

Size and Liquidity Requirements 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.
IndexLast CloseOpenLastChangeChange (1Y)Range (1Y)
 
860.58 860.58 --32.84%359.80 - 931.91
 
1,455.43 1,455.43 --61.10%551.43 - 1,562.72
Symbol IndexName
MVARE MVIS® United Arab Emirates Price Index
MVARETR MVIS® United Arab Emirates Total Return Net Index
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