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

-0.10 %

3 months

-0.02 %

6 months

-0.14 %

1 year

-0.20 %

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 announced that a new series of equity futures contracts for January 2025 will be available for trading starting October 10, 2024. The contracts, which cover various securities, will be listed on October 10, 2024, and will be de-listed on January 16, 2025. The announcement and further details can be found on the Dubai Financial Market's website. The information in the announcement is subject to change, and the Dubai Financial Market Regulated Derivative Contract Trading Regulation will take precedence in case of any inconsistencies.
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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on UPP shares starting from 2:00 PM as its General Assembly is being held today, 30/04/2024 and until resolutions are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of UPP is being held on 30/04/2024

The Annual General Assembly Meeting of Union Properties PJSC, originally scheduled for April 18, 2024, has been postponed due to the lack of quorum. The rescheduled meeting will take place both virtually and physically on Tuesday, April 30, 2024, at 2:00 PM at The Ritz Carlton Hotel, Dubai Financial Center, Dubai. The information was communicated by Fadi Saba, the Board Secretary of Union Properties PJSC, to Mr. Hamed Ahmed Ali, the CEO of Dubai Financial Market.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on EIBANK shares starting from 11:30 AM as its General Assembly is being held today, 30/04/2024 and until resolutions are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of EIBANK is being held on 30/04/2024

The Board of Directors of Emirates Investment Bank PJSC is inviting all shareholders to their Annual General Meeting on March 26, 2024. The meeting will be held at the bank's head office in Dubai, and can also be attended remotely via Zoom. The agenda includes reviewing and approving reports and financial statements for the year ended December 31, 2023, considering proposals regarding dividends and board remuneration, discharging or holding liable board members and auditors, appointing auditors for 2024, electing board members for 2024-2027, and approving the appointment of shareholders' representatives. Shareholders may delegate a representative to attend and vote on their behalf. The meeting will only be valid if attended by shareholders owning or representing at least 50% of the bank's capital.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Press release regarding financial results for the 1st QTR of 2024

Dubai Financial Market has announced a significant 171% rise in its net profit before tax for Q1 2024, amounting to AED 95.6 million.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Financial statements for the 1st QTR of 2024

The text refers to a review report and condensed interim consolidated financial information from the Dubai Financial Market (DFM) P.J.S.C. The information covers a three-month period ending on 31 March 2024. This report is likely to be of interest to those involved in finance and investing.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Results of BOD Meeting

On April 29, 2024, the Board of Directors of Dubai Financial Market (PJSC) convened a meeting. The main points approved during the session included the condensed consolidated interim financial information for the three-month period ending March 31, 2024, and regular matters and any other business. The information was communicated by Ali Amer Al-Hashimi, the Chief Financial Officer of the company.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on ALRAMZ shares starting from 2:00 PM as its General Assembly is being held today, 29/04/2024 and until resolutions are disclosed
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on DU shares starting from 12:00 PM as its BOD meeting is being held today, 29-04-2024 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 ORIENTTKAFUL shares starting from 11:00 AM as its General Assembly is being held today, 29/04/2024 and until resolutions are disclosed