Equities trading on Nasdaq Dubai elevated to the highest first quarter since 2007. The trading recorded inclined to 1.09 billion in the first quarter of 2010 i. e. highest after the economic crisis.

The figures suggested that the recorded 2010 first quarter trading was 40% up as compared to the stats in the fourth quarter of 2009 with a total of 776 m and also it was 5% higher on first quarter of 2009 at a level of 1.04bn.

Analysts are of the viewpoint that institutional investors are worried about Dubai's debt rescue proposal and cautious regarding prospects longer term, and thus sitting out the recovery on UAE stock markets.

The progress made by Dubai World for its debt restructuring has had positive impact over sentiments of the financial market. Shares of most of the banks listed on Dubai Financial Market (DFM) and Abu Dhabi Securities Market (ADX) reported significant hike on Thursday.

Aiden Birkett, Chief Restructuring Officer of Dubai World said, "This proposal represents the best possible solution for all stakeholders. The proposal certainly offers the company a strong future and the opportunity to maximize the value of its assets over the medium to long-term."

Trading in the first Exchange Traded Funds, or ETFs, was commenced by Abu Dhabi Securities Exchange, or ADX, on Thursday, trading platform in the region by listing and trading NBAD OneShare Dow Jones UAE 25 ETF.

The new fund, which will provide investors with exposure to 25 blue-chip companies from across the UAE, will follow the performance of the 'Dow Jones UAE 25 Total Return Index'.

Shares in Dubai Stock Market plunged for the first time in three days during the first session on Monday. Stocks of real estate developer Emaar Properties reported a decline of 3.2 percent which is a largest fall in shares in recent two weeks. Dubai's index closed at 1,723 points by reporting a fall of 1.4 percent. Index of Abu Dhabi, on the other hand, declined 0.1 per cent to close at 2,866 points.

The reports of tough future ahead for Arabtec Holding Company and Dubai Financial Market had have adverse impact on Dubai stocks, making Dubai Financial Market's General index or DFMGI to fall to its lowest in the week.

Dubai Financial Market General Index (DMFGI) remained under pressure for a fifth consecutive day in a row as most of the investors decided to off-load banking and property stocks in Dubai and Abu Dhabi. Investor's confidence also remained under pressure due to delay in restructuring of debt by the Dubai World.