Dubai Financial Market PJSC

Dubai Financial Market PJSC

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DFM Announces September 2024 Equity Futures Settlement Prices

Summary

Dubai Financial Market PJSC has announced the settlement prices for its equity futures contracts expiring in September 2024. This release provides crucial insights for investors and traders.
Dubai Financial Market PJSC has released the settlement prices for its equity futures contracts expiring in September 2024.

Dubai Financial Market PJSC (DFM), a pivotal entity in the United Arab Emirates' financial landscape, has unveiled the settlement prices for its equity futures contracts set to expire in September 2024. This announcement, dated 19th September 2024, is a key milestone for investors and traders who closely monitor the market for strategic decision-making.

DFM, a Public Joint Stock Company incorporated in the Emirate of Dubai, operates under the provisions of Islamic Shari'a and is controlled by the Government of Dubai through Borse Dubai Limited. The company's core activities include trading in financial instruments, financial investment consultancy, and brokerage for local and foreign shares and bonds.

The settlement prices for the DFM equity futures contracts are as follows:

  • AIRARB U24: 2.750 AED
  • ANSRI U24: 1.010 AED
  • ARMX U24: 2.310 AED
  • DEWA U24: 2.460 AED
  • DEYAAR U24: 0.678 AED
  • DFMGI U24: 4,421.52 AED
  • DFM U24: 1.280 AED
  • DIBU24: 6.200 AED
  • DICU24: 2.080 AED
  • DUU24: 6.550 AED
  • EMAAR U24: 8.680 AED
  • EMPWR U24: 1.710 AED
  • EMRDEV U24: 8.870 AED
  • ENBD U24: 20.250 AED
  • GFHU24: 1.250 AED
  • SALIK U24: 3.960 AED
  • SHUAA U24: 0.192 AED

This detailed list provides a comprehensive overview of the settlement prices, enabling investors to make informed decisions. The DFMGI U24 contract, with a settlement price of 4,421.52 AED, stands out as a significant indicator of the market's performance.

DFM's commitment to transparency and adherence to Islamic Shari'a principles ensures that its operations are not only financially robust but also ethically sound. This dual focus positions DFM as a reliable and attractive option for both local and international investors.

Given the current market conditions and the detailed settlement prices provided, investors might consider holding their positions. The stability and strategic importance of DFM in the UAE's financial market suggest that maintaining current investments could be a prudent approach.

For more detailed information, investors are encouraged to visit the DFM website and review the full announcement.

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