Press releases, Reports & Disclosures for Dubai Financial Market PJSC

On October 31, 2024, the Board of Directors of Dubai Financial Market (PJSC) convened and approved the condensed consolidated interim financial information for the nine-month period ending September 30, 2024. They also discussed regular matters and any other business.

The Dubai Financial Market (DFM) reported a strong performance in the first nine months of 2024, with a 60% increase in net profit before tax, reaching AED 298.7 million compared to the same period in 2023. The DFM General Index rose by 10.9%, closing at 4,503.48 points, the highest since 2014. Total consolidated revenues increased by 29% to AED 460.3 million, and the number of trades rose by 20% year-on-year to 1.7 million. However, the total trading value decreased by 6% to AED 72.7 billion. The market capitalization of DFM-listed companies reached AED 757 billion. The exchange attracted 91,151 new investors, with 85% being foreign, who contributed 49% to the total trading value. Institutional investors accounted for 65% of the trading value.