Sunday 22, June 2008 by

NBAD UAE Distribution Fund up ‘marginally’ in May

The UAE markets continued to move up marginally in May, according to the latest figures from National Bank of Abu Dhabi on its NBAD UAE Distribution Fund (UDF). It said the MSCI UAE Index ended the month of May with a +1.31 per cent return after having been up and down on consecutive months in the current calendar year.