Dubai Financial Market PJSC

Dubai Financial Market PJSC

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DFM Adjusts SALIK Equity Futures Contracts

Summary

Dubai Financial Market has adjusted SALIK Equity Futures Contracts after the approval of a cash dividend by SALIK shareholders. The adjustments are effective from August 22, 2025, with new reference prices set for trading.
Dubai Financial Market announces adjustments to SALIK Equity Futures Contracts following shareholder dividend approval.

The Dubai Financial Market (DFM), a key player in the financial landscape of the United Arab Emirates, has announced a significant adjustment to its SALIK Equity Futures Contracts. This adjustment follows the approval of a cash dividend payment of AED 0.102781 per share by SALIK shareholders. The changes are set to take effect on August 22, 2025, marking the Ex-Day for the distribution of the declared cash dividends.

The affected contracts include the SALIK FUT series for September, October, and November 2025. Each contract has been assigned an adjustment ratio of 0.984818, leading to new reference prices for trading. For instance, the SALIK FUT - September 2025 contract, originally priced at AED 6.793, will now be adjusted to AED 6.690. Similarly, the October and November contracts have been adjusted to AED 6.747 and AED 6.738, respectively.

This strategic move by the DFM is in line with its Futures Contract Adjustment Guidelines, ensuring that the market remains fair and transparent for all participants. The adjustment is designed to reflect the value of the dividend payout in the futures pricing, offering a more accurate representation of the market value.

For traders and investors, these adjustments are crucial as they directly impact the variation margins and trading strategies. The adjusted prices will serve as the new reference prices for trading on August 22, 2025. It's essential for investors to recalibrate their positions and strategies in light of these changes.

Given the current market dynamics and the adjustment's impact, investors are advised to adopt a 'hold' strategy. The adjustment reflects a routine market mechanism and does not indicate any fundamental changes in the underlying asset or the market's outlook. Investors should monitor market conditions closely and consider any further announcements from the DFM.

In conclusion, while the adjustment of SALIK Equity Futures Contracts is a routine process, it highlights the DFM's commitment to maintaining a transparent and efficient market. Investors should remain vigilant and stay informed to navigate the evolving financial landscape.

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