Dubai Financial Market Announces June 2024 Equity Futures Settlement Prices
Dubai Financial Market PJSC (DFM) has released the settlement prices for its equity futures contracts expiring in June 2024. This announcement provides crucial data for investors and market participants.
Summary
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 PJSC (DFM), a cornerstone of the UAE's financial landscape, has announced the settlement prices for its equity futures contracts expiring in June 2024. This latest update is part of DFM's ongoing commitment to transparency and providing investors with critical market information.
As of June 20, 2024, the settlement prices for various equity futures contracts are as follows:
- AIRARB M24: 2.280 AED
- ANSRI M24: 1.030 AED
- ARMX M24: 2.550 AED
- DEWA M24: 2.240 AED
- DEYAAR M24: 0.695 AED
- DFMGI M24: 3,986.63 AED
- DFM M24: 1.300 AED
- DIB M24: 5.720 AED
- DIC M24: 2.120 AED
- DU M24: 5.740 AED
- EMAAR M24: 7.830 AED
- EMPWR M24: 1.500 AED
- EMRDEV M24: 7.600 AED
- ENBD M24: 16.500 AED
- GFH M24: 1.050 AED
- SALIK M24: 3.280 AED
- SHUAA M24: 0.131 AED
This announcement is essential for investors who are actively trading or considering trading in the DFM equity futures market. The data provided allows market participants to make informed decisions based on the latest market valuations.
DFM's adherence to Islamic Shari’a principles ensures that all its financial activities are conducted ethically, which is a significant consideration for many investors in the region. Moreover, the substantial backing by the Government of Dubai, which owns 80% of DFM through Borse Dubai Limited, adds a layer of stability and confidence for investors.
Given the current market conditions and the settlement prices announced, investors should carefully assess their positions. The diverse range of contracts, from major entities like EMAAR and ENBD to smaller players like SHUAA, offers various opportunities and risks.
While the market outlook remains neutral, the strategic positioning of DFM and its robust regulatory framework provide a solid foundation for future growth. Investors should consider holding their positions to capitalize on potential market movements as we approach the expiry date in June 2024.
For further details, the full announcement is available on the DFM website.
Source
Summary
The Dubai Financial Market (DFM) has announced the expiry settlement prices for its equity futures contracts expiring in June 2024. The settlement prices for various contracts are listed along with their respective series codes, prices in AED, and contract IDs (ISIN). The announcement is available on the DFM website. Note that the information is subject to change and the DFM Regulated Derivative Contract Trading Regulation will take precedence in case of any discrepancies.
