Reflecting the bearish pattern of poor trading that has plagued the UAE and the wider Gulf equity markets, more than half of the IPOs that got listed on the UAE bourses during the past one and a half decade, are trading well below their issue prices. According to an analysis of the performance of companies listed on the UAE stock exchanges since 2000 by MubasherTrade and shared exclusively with Wealth Monitor, out of 30 IPOs since 2000 on the UAE bourses, 16 are trading below the issue price/offer price, while the rest 14 are trading above it (as of Feb 14, 2016).
