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.

DFM News: Reminder: General Assembly of GFH is being held on 09/10/2024

a day ago

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.

DFM News: Futures Contracts - Margin Parameters

2 days ago

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.

DFM News: Futures contracts – New Contract Series

2 days ago

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.

DFM News: DFM Regulated Short Sell – Weekly Summary – October

6 days ago

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.

DFM News: Reminder: General Assembly of GFH is being held on 02/10/2024

8 days ago

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.

DFM News: DFM Regulated Short Sell – Weekly Summary – September

13 days ago

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.

DFM News: Futures contracts – Expiry Settlement Prices

17 days ago

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.

DFM News: Futures contracts – Expiry Settlement Prices

17 days ago

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Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

Disclosure: Results of Board Decisions by Passing

On 7th March 2024, a letter was sent to Dr. Maryam Buti Al Suwaidi, the Chief Executive Officer of the Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, the Chief Executive Officer of the Dubai Financial Market. The subject of the letter was the results of the Dubai Financial Market PJSC board of directors' resolution by circulation. The letter referenced the company's disclosure dated 4th March 2024, informing that the board of directors had passed a resolution related to regular and internal matters. The letter was signed by Ali Al Hashimi, the Chief Financial Officer of Dubai Financial Market (PJSC).

1. Attached Document

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Resume trading on DEWA shares starting from 1:00 PM after disclosing the results of its BOD meeting. The Resume-Auction session (no-matching) will be 5 minutes

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Reminder: Today, 07/03/2024 is the ex-dividend date for DIB shares

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Reminder: General Assembly of MASQ is being held on 07/03/2024

Mashreq Bank P.S.C has invited shareholders to attend its annual general assembly meeting on 7th March 2024, at the bank's headquarters in Dubai or virtually. The agenda includes authorizing the appointment of a meeting secretary and vote collector, reviewing and approving the bank's financial reports for the year ended 31 December 2023, considering the distribution of a cash dividend, approving the remuneration of the Board of Directors, discharging or dismissing board members and auditors, and electing new board members for the term 2024-2027. Shareholders will also note the amount of Zakat for the Islamic Window of the Bank for the year 2023. The bank has also provided guidelines for electronic registration, delegation of representation, and voting rights. The meeting will be recorded and shareholders are entitled to discuss agenda items and ask questions.

1. Attached Document

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Reminder: Today, 07/03/2024 is the last trading date to entitle for SUKOON’s cash dividend

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Suspend trading on MASQ shares starting from 11:00 AM as its General Assembly is being held today, 07/03/2024 and until resolutions are disclosed

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Suspend trading on DEWA shares starting from 9:30 AM as its BOD meeting is being held today, 07-03-2024 and until results are disclosed

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Resume trading on EMPOWER shares after disclosing the results of its BOD meeting

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

DFM News: Resume trading on ALLIANCE shares after disclosing the results of its BOD meeting

Dubai Financial Market News

News Update From Dubai Financial Market PJSC 7 months ago

Disclosure: Board Decisions by Passing

The text is a formal communication from Mr. Ali Al Hashimi, the Chief Financial Officer of Dubai Financial Market (PJSC), to Dr. Maryam Buti Al Suwaidi, the Chief Executive Officer of Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, the Chief Executive Officer of Dubai Financial Market. The letter, dated 06 March 2024, informs that the Board of Directors of Dubai Financial Market will pass a resolution by circulation regarding ordinary and internal matters no later than March 12, 2024.

1. Attached Document

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