BHM Capital Dominates New Investor Accounts in DFM

BHM Capital Financial Services PSC, a leading financial institution in the United Arab Emirates, has made headlines by securing the largest share of new investor accounts on the Dubai Financial Market (DFM). As of November 30, 2024, the company has added approximately 37,000 new accounts, reflecting strong investor demand from both individuals and institutions. This achievement underscores BHM Capital's strategic positioning and its ability to attract a diverse range of investors.

According to data from the DFM, BHM Capital ranked second among brokerage firms in terms of trading volumes and market share percentage, capturing a 12.78% share of the total trading value, which amounted to AED 23.6 billion. This impressive performance highlights the company's ability to offer flexible and seamless trading services through multiple channels, including digital platforms, phone-based support, and in-person assistance on the trading floors.

Abdel Hadi Al Sa’di, CEO of BHM Capital, expressed pride in this achievement, attributing it to the efforts of the senior management and team in providing cutting-edge services and advanced technologies. He emphasized that this success enables the company to leverage new listings, enhance the appeal of the local market, and attract a diverse range of investors. Al Sa’di also highlighted the company's commitment to providing comprehensive support to its clients as central to this accomplishment.

With BHM Capital's leading position in attracting and opening new investor accounts, along with its second-place ranking in total trading value this year, the company's strong performance in 2024 is expected to positively impact its plans for the upcoming year. The company's focus on innovation and client care, along with its access to capital markets in the UAE, KSA, USA, UK, and other regional and international markets, positions it well for future growth.

Given BHM Capital's impressive achievements and its strategic initiatives to enhance its market presence, investors may consider a 'buy' recommendation. The company's robust performance, coupled with its commitment to innovation and client satisfaction, suggests a promising outlook for the future.