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

0.02 %

6 months

-0.11 %

1 year

-0.15 %

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 weekly trading summary for DFM Regulated Short Sell transactions from October 7 to October 11, 2024, reports that there were no RSS trades during this period. For more details on Regulated Short Selling, refer to the DFM Market Rules and Operational Model documentation available on their website. The announcement is also accessible on the Dubai Financial Market's website. Please note that the information is subject to change, and DFM is not liable for any losses incurred from the use of this data.
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.

Threads

DFM News

DFM News

News Update From Dubai Financial Market PJSC

DFM News: Reminder: General Assembly of TAALEEM is being held on 31/10/2023

The Board of Directors of Taaleem Holdings PJSC is inviting its shareholders to the annual general assembly meeting on 31 October 2023 at the Dubai Chambers of Commerce. The agenda includes the approval of the Board's report on the company's activities and financial position for the fiscal year ending 31 August 2023, the auditor's report for the same period, the balance sheet, profit and loss, and financial statements. They will also consider the Board's recommendation to distribute a cash dividend amounting to AED 110 million and a proposal concerning the Board's remuneration for the period from 23 November 2022 to the end of the fiscal year 2023. The meeting will also discuss discharging the Board members and external auditors from any liability for the fiscal year ended 31 August 2023, or dismissing them and filing liability lawsuits against them. The appointment of the external auditors for the fiscal year ending on 31 August 2024 will also be considered.

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DFM News

DFM News

News Update From Dubai Financial Market PJSC

Disclosure: Press release regarding financial results for the 3 QTR of 2023

The Dubai Financial Market (DFM) has reported a 109% increase in net profit for the first nine months of 2023, reaching AED 186.2 million. The DFM also attracted 35,357 new investors during this period, 72% of which were foreign investors. This has expanded the investor base to over a million. Trading value increased by 12% to AED 78 billion, and the DFM General Index rose by 25%. Market capitalization more than doubled since 2020, reaching AED 697 billion. The total number of trades also increased by 37% to 1.43 million. The results demonstrate DFM's growing global appeal and its role as a key financial hub.

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DFM News

DFM News

News Update From Dubai Financial Market PJSC

Disclosure: Financial statements for the 3rd QTR of 2023

The document is a review report and condensed interim consolidated financial information for Dubai Financial Market (DFM) P.J.S.C. It covers the financial performance of the company for the nine-month period that ended on 30th September 2023.

1. Attached Document

DFM News

DFM News

News Update From Dubai Financial Market PJSC

Disclosure: Result of BOD meeting

The text is a formal communication dated 30 October 2023, from the Dubai Financial Market to Dr. Maryam Buti Al Suwaidi, CEO of the Securities and Commodities Authority in Abu Dhabi, and Mr. Hamed Ahmed Ali, CEO of Dubai Financial Market. The subject is the results of a board meeting of the Dubai Financial Market held on the same day. The board approved the condensed consolidated interim financial information for the nine-month period ended 30 September 2023, and discussed regular matters and other businesses. The message is signed by Haitham Mohamed El Gebali, Legal Counsel and Board Secretary of Dubai Financial Market.

1. Attached Document

DFM News

DFM News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on TAKAFUL-EM shares for not submitting their BOD results
DFM News

DFM News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on DU shares starting from 1:00 PM as its BOD meeting is being held today, 30/10/2023 and until results are disclosed
DFM News

DFM News

News Update From Dubai Financial Market PJSC

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

DFM News

News Update From Dubai Financial Market PJSC

DFM News: Suspend trading on MASQ shares starting from 11:00 AM as its BOD meeting is being held today, 26/10/2023 and until results are disclosed
DFM News

DFM News

News Update From Dubai Financial Market PJSC

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

DFM News

News Update From Dubai Financial Market PJSC

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