Dubai Financial Market PJSC

Dubai Financial Market PJSC

DFM

1 week

-0.02 %

1 month

-0.02 %

3 months

0.01 %

OverviewInsightsDisclosures

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

0.01 %

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

GFH Financial Group announced that the Ordinary General Meeting scheduled for Wednesday, October 2, 2024, did not achieve the required quorum, with only 41.58% attendance. Consequently, a second meeting is planned for Wednesday, October 9, 2024, at 11:00 a.m., to be conducted via modern visual communication methods. The announcement was made by Mariam Jowhary, Head of Compliance & AML.
The Dubai Financial Market (DFM) has announced the margin parameters for various futures contracts effective from October 9, 2024. These parameters include the base margin percentage, currency, base margin per contract, and spread margin per contract for different underlying symbols such as AIRARABIA, AlANSARI, ARMX, DEWA, and others. The margin percentages range from 5% to 17%, with margins specified in AED or USD depending on the contract. Detailed guidelines on margin calculation and eligible margin types can be found in the Derivatives Clearing Guidelines and Procedures. The announcement is available on the DFM website, and it is noted that the information may change. It is emphasized that this document does not replace the official DFM Regulated Derivative Contract Trading Regulation, which takes precedence in case of any discrepancies.
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.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 14/03/2024 is the last trading date to entitle for CBD’s cash dividend
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Resume trading on UPP 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, 13/03/2024 is the ex-dividend date for TECOM shares
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

Disclosure: Results of Board Decisions by Passing

The text is a formal communication dated 12th March 2024, from Ali Al Hashimi, the Chief Financial Officer of Dubai Financial Market (PJSC), to Dr. Maryam Buti Al Suwaidi, Chief Executive Officer of Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, Chief Executive Officer of Dubai Financial Market. The letter refers to a previous disclosure from the company dated 6th March 2024. It informs the recipients that the Board of Directors of the Dubai Financial Market has passed a resolution by circulation related to regular and internal matters.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Futures contracts – New Contract Series

The Dubai Financial Market has announced the availability of a new series of equity futures contracts, starting from 14 March 2024. The June 2024 SSFs Contract Series includes a variety of different securities, all of which will be de-listed on 20 June 2024. The contracts range from AIRARB FUT - June 2024 to SHUAA FUT - June 2024. The announcement can be found on the DFM website. However, this information is subject to change and should be cross-referenced with the Dubai Financial Market Regulated Derivative Contract Trading Regulation.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: Today, 12/03/2024 is the last trading date to entitle for TECOM’s cash dividend
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on UPP shares starting from 12:00 PM as its BOD meeting is being held today, 12-03-2024 and until results are disclosed
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 resolutions of its General Assembly
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Dubai Financial Market announces the periodic review of the general market index and the Sharia index, as of March 18, 2024
Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Financial Market PJSC

DFM News: Futures Contracts - Margin Parameters

The Dubai Financial Market (DFM) has released margin parameters effective from 11th March 2024 for various underlying symbols including AIRARABIA, AlANSARI, ARMX, DEWA, DEYAAR, DFM, DFMGI, DIB, DIC, DU, EMAAR, EMAARDEV, EMIRATESNBD, EMPOWER, GFH, OMOIL, SALIK, and SHUAA. The base margin percentage ranges from 5% to 16%, with the base margin per contract and spread margin per contract also specified for each symbol. The methodology for Margin calculation and types of Eligible Margin can be found in the Derivatives Clearing Guidelines and Procedures. The announcement is available on the DFM website. The information is subject to change and is not a substitute for the relevant DFM Regulated Derivative Contract Trading Regulation.

1. Attached Document

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