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Dubai Financial Market Company Posts Net Profit Of AED 23 4 Million During The First Quarter Of 2021

Dubai Financial Market Company Posts Net Profit Of AED 23.4 Million During The First Quarter Of 2021 Date : The DFM attracted 848 new investors, including 134 institutions Foreign investors accounted for 46% of trading value and 18.3% of market capitalization Foreign investors’ net purchases reached to AED 160.5 Million Products diversification strategy gains momentum with trading Issuance of the “Free Zone Companies Listing Regulations” and the “Stabilization Mechanism Regime” Dubai Financial Market Company (PJSC) today announced its consolidated financial results for the first quarter of the year ending 31 March 2021, reporting a net profit of AED 23.4 Million, a 33% decrease compared to AED 34.7 Million during the corresponding period of 2020.

DFM Company posts net profit of Dh23 4 million in Q1

DFM Company posts net profit of Dh23.4 million in Q1 Essa Kazim, chairman, Dubai Financial Market Company. Supplied photo The DFM has attracted 848 new investors during the first quarter. Dubai Financial Market Company announced its consolidated financial results for the first quarter of the year ending March 31, 2021, reporting a net profit of Dh23.4 Million, a 33 per cent decrease compared to Dh34.7 Million during the corresponding period of 2020. Essa Kazim, chairman, Dubai Financial Market Company said: “During the first quarter of 2021, the DFM performance indicators have maintained their 2020 positive trajectory in spite of the volatility of international financial markets due to the repercussions of the Covid-19 pandemic. Accordingly, the DFM’s trading value has increased 8.3 per cent to Dh15.4 billion during the first quarter of 2021 compared to Dh14.2 billion during the corresponding quarter of 2020. The DFM has attracted 848 new investors during the first quar

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