Dubai Financial Market PJSC

Logotype for Dubai Financial Market PJSC
Ticker/ISIN
DFM
AED000901010
Market/Country
Dubai Financial Market
United Arab Emirates
Latest Stock Price
1.27 AED
2024-10-04

Year to date

-0.09 %

3 months

0.01 %

6 months

-0.12 %

1 year

-0.23 %

3 years

0.00 %

5 years

0.00 %

Country of Origin: United Arab Emirates (U.A.E)

Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments.

The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions.

The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf.

The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.

Latest Pressrelease Summaries

The Dubai Financial Market (DFM) released a weekly summary of regulated short sell transactions for the period from September 30, 2024, to October 4, 2024. During this period, the Dubai Taxi Company PJSC had a short sell trade volume of 2,000 with a trade value of AED 5,380. Salik Company PJSC had a short sell trade volume of 6,400 with a trade value of AED 27,200. For more information on regulated short selling, refer to the DFM Market Rules and Procedures. The announcement is available on the DFM website. The information provided is subject to change, and DFM is not liable for any losses incurred from using this data.
GFH Financial Group has scheduled its Ordinary General Meeting for October 2024. The agenda includes: 1. Approving the minutes of the previous meeting held on 24 March 2024. 2. Approving the Board of Directors' recommendation to establish a Sukuk Programme worth up to $500 million through a Special Purpose Vehicle (SPV), subject to necessary regulatory approvals. 3. Approving modifications and an offer related to the 2020 Sukuk issuance, including early redemption for cash of outstanding certificates. 4. Delegating powers to the Board of Directors to manage the Sukuk Programme establishment and the Offer, including obtaining necessary regulatory approvals and conducting essential procedures. 5. Delegating powers to the Chief Executive Officer to execute the Sukuk Programme and the Offer, including obtaining necessary approvals and conducting essential procedures. 6. Discussing any other matters as per Article 207 of the Commercial Companies Law. The meeting will be held via video conferencing on 2 October 2024, with alternative dates set for 9 October 2024 and 16 October 2024 if the legal quorum is not met.
The weekly trading summary for DFM Regulated Short Sell Transactions from 23 September 2024 to 27 September 2024 reports that there were no RSS trades during this period. For more information on RSS, refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. The announcement can also be found on the DFM website. Note that the information provided is subject to change and DFM is not liable for any losses resulting from the use of this data.
The Dubai Financial Market has issued an announcement regarding the expiry settlement prices for Micro GME Oman Crude Oil Futures contracts expiring in September 2024. The settlement price for the contract series code OMOIL X24 is 74.36 USD. This information is available on the Dubai Financial Market's website. The document includes a disclaimer stating that the information is subject to change and emphasizes that it is not a substitute for the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.
A new contract series for Micro DME Oman Crude Oil Futures, specifically the November 2025 contract, will be available for trading starting September 24, 2024. The contract, identified by the symbol OMOIL X25 and ISIN OIL2309 25001, will be listed on September 24, 2024, and de-listed on September 23, 2025. Further details can be found on the Dubai Financial Market website. Note that the information provided is subject to change and should not replace the official Dubai Financial Market Regulated Derivative Contract Trading Regulation.
The Dubai Financial Market (DFM) has issued the expiry settlement prices for its equity futures contracts expiring in September 2024. The announcement, dated September 19, 2024, lists the settlement prices in AED for various contracts, including AIRARB U24 (2.750), ANSRI U24 (1.010), ARMX U24 (2.310), DEWA U24 (2.460), and others. The full list and further details are available on the DFM website. The document includes a disclaimer noting that the information is subject to change and advises referring to the official DFM Regulated Derivative Contract Trading Regulation for any inconsistencies.
The Dubai Financial Market (DFM) has issued the expiry settlement prices for DFM Equity Futures Contracts expiring in September 2024. The prices are listed for various contracts, each identified by a series code, contract ID (ISIN), and currency (AED). The settlement prices range from 0.192 AED for SHUAA (SHUAA U24) to 20.250 AED for Emirates NBD (ENBD U24). This announcement is available on the DFM website and includes a disclaimer that the information is subject to change and is not a substitute for the official DFM Regulated Derivative Contract Trading Regulation.
Amanat Holdings PJSC's Board of Directors is inviting shareholders to a General Assembly meeting on Wednesday, 18 September 2024, at 3:00 PM, both in person at the Dubai World Trade Centre and via electronic participation. The meeting agenda includes: **Ordinary Resolutions:** 1. Approve the appointment of the meeting rapporteur and Dubai Financial Market as vote collector. 2. Approve the Board's proposal to distribute interim cash dividends of AED 75 million (3% of share capital) for the period from 1 January to 30 June 2024. **Special Resolutions:** 1. Amend Article 14(b) of the Articles of Association to authorize the Board to implement interim dividend distributions. 2. Amend Article 27 to allow the Board to issue resolutions by circulation with the approval of all members and required documentation. **Notes for Shareholders:** - Shareholders can appoint proxies, except for Board members, company employees, or securities brokers. - Proxies must be notarized or certified by authorized entities. - Corporate entities can delegate representatives to attend. - Electronic registration, attendance, and eVoting details will be provided via SMS one day before the meeting. - Shareholders registered by 17 September 2024 can vote; those registered by 30 September 2024 will receive dividends. - Financial statements and reports are available on the Dubai Financial Market and Amanat websites. - The meeting requires a 50% quorum; if not met, a second meeting will be on 25 September 2024. - Shareholders should update their contact details and dividend payment methods with Dubai Financial Market. - Special resolutions require a three-quarters majority vote. - Guides on investor rights and women on the Board are available on the Securities and Commodities Authority website.

Threads

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on DIN shares after disclosing the results of its BOD meeting
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 30/07/2024 is the last trading date to entitle for DU’s cash dividend
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of DSI is being held on 30/07/2024

Date: 24th July 2024 Mr. Hamed Ahmed Ali Chief Executive Officer Dubai Financial Market Dubai - United Arab Emirates Dear Sirs, Subject: Postponement of the Annual General Assembly meeting of Drake & Scull International P.J.S.C (‘The Company’) We would like to inform you that the quorum for the Annual General Assembly Meeting of the Company was not met. Consequently, another meeting will be held on Tuesday, 30th July 2024 at 3:00 PM at the same location. Sincerely Yours, Dana Abualghanam Board Secretary

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on DIN shares starting from 11:00 AM as its BOD meeting is being held today, 30-07-2024 and until results are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on NIH shares starting from 2:30 PM (UAE Time) as its BOD meeting is being held today, 30-07-2024 and until results are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Press release regarding financial results for the 2nd QTR of 2024

Dubai Financial Market (DFM) reported a 74% increase in net profit before tax for the first half of 2024, reaching AED 195.4 million. Total consolidated revenue rose by 40% to AED 305.7 million. During this period, DFM attracted 72,583 new investors, 85% of whom were foreign, bringing the total investor base to over 1.1 million. Foreign investors accounted for 50% of trading activity. The market also hosted the annual Capital Market Summit, which drew over 1,000 global delegates. DFM Chairman H.E Helal Saeed Al Marri highlighted the strong performance and commitment to innovation, infrastructure, and service diversification, reinforcing Dubai's position as a significant player in the global financial market.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Financial statements for the 2n QTR of 2024

The document is a review report and condensed interim consolidated financial information for Dubai Financial Market (DFM) P.J.S.C. for the six-month period ending on June 30, 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Results of BOD Meeting

On July 29, 2024, the Board of Directors of the Dubai Financial Market (PJSC) held a meeting and approved the condensed consolidated interim financial information for the six-month period ending June 30, 2024. They also addressed regular matters and other business.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on BHMCAPITAL shares after disclosing the results of its BOD meeting
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Regulated Short Sell – Weekly Summary – July

The weekly trading summary for DFM Regulated Short Sell Transactions from 22 July 2024 to 26 July 2024 reports that Dubai Islamic Bank (DIB) had a short sell trade volume of 700 and a short sell trade value of AED 4,179. For more details on Regulated Short Selling (RSS), refer to the DFM Market Rules and the Operational Model and Procedures for Implementation of Regulated Short Selling available on the DFM website. The announcement is also available on the DFM website. The information provided is subject to change, and DFM is not liable for any losses resulting from the use of this data.

1. Attached Document