Insights for Dubai Financial Market PJSC

Nasdaq Dubai has welcomed the listing of a USD 400 million Sukuk by Arada Developments LLC, a UAE-based master developer. The five-year fixed-rate Sukuk was oversubscribed by 3.5 times, reflecting strong demand from regional and international investors. This listing contributes to Nasdaq Dubai's total value of USD 129 billion in listed bonds and Sukuk.

Dubai Financial Market PJSC has scheduled the Annual General Meeting for SHUAA Capital on June 28, 2024. The AGM will review the company's financial performance for 2023, discuss the auditor's report, and deliberate on the decision to not distribute cash dividends for the year.

Dubai Financial Market PJSC has unveiled the settlement prices for its equity futures contracts set to expire in June 2024. This update is pivotal for investors focusing on the UAE market.

Dubai Financial Market (DFM) is set to introduce a new Micro DME Oman Crude Oil Futures contract series, starting on June 24, 2024. This initiative aims to enhance DFM's offerings and strengthen its market position.

Dubai Financial Market PJSC will pass a Board of Directors' resolution by circulation by June 23, 2024, regarding an internal matter. This move could influence the company's strategic direction and operational framework.

Dubai Financial Market PJSC's Board of Directors is set to pass a key resolution by circulation no later than June 23, 2024. This move is expected to address an internal matter, and investors are advised to stay informed.

The Dubai Financial Market (DFM) announced that there were no regulated short sell (RSS) trades for the week of June 10-14, 2024. This update highlights the current inactivity in short selling within the market.

Dubai Financial Market PJSC is set to host the Annual General Assembly for Takaful Emarat Insurance PJSC on June 14, 2024. The meeting will cover significant agenda items such as financial reports, board and auditor appointments, and the consideration of the company's continuation or dissolution.

DFM has announced the introduction of a new series of equity futures contracts, effective June 13, 2024. This strategic move aims to enhance market liquidity and offer investors diversified trading opportunities. The new contracts cover a range of prominent companies listed on the Dubai Stock Exchange.

Dubai Financial Market PJSC (DFM) has shown varied performance over the past year. This analysis covers trend analysis, technical analysis, support and resistance levels, volatility, and pattern recognition. The highest price recorded was on October 6, 2023, at 1.64, and the lowest was on October 23, 2023, at 1.26.