Mubasher: Saxo Bank, the leading fintech and regtech specialist focusing on multi-asset trading and investing in global capital markets, announced that American tech firms were the most traded stocks in its list for the UAE-based clients in 2019.

Microsoft Corp led Saxo Bank’s list, followed by Apple Inc, Amazon.com Inc, Nvidia, and Facebook, according to a recent press release.

In global equities, investors and traders saw much higher returns in 2019, as the S&P 500 jumped 29%, marking its best year since 2013.

Head of equity strategy, Peter Garnry, said: “Even though 2019 was characterised by the US-China trade war hamster wheel turning multiple times due to tweets and news headlines, it did not really affect the global markets.”

Source: Mubasher

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