mast-head

DFM inaugurates its educational trading floor at Dubai Men's College

Dubai Financial Market (DFM) announced the inauguration of its educational trading floor at Dubai Men's College, a leading initiative amongst regional financial markets. This development reaffirms the exchange's commitment to Corporate Social Responsibility (CSR) and its continuous efforts to enhance the educational environment by linking theoretical studies with practical experience and offering UAE students an opportunity to learn interactively. As a micro version of the Dubai Financial Market's main trading floor, the new educational facility at Dubai Men's College includes two screens and a ticker directly linked with DFM's trading engine to display the trading activity and real time market data. The walls of the trading floor have been designed to reflect the precise look and feel of DFM's trading floor. As part of its aim to enhance the effectiveness of the educational trading floor, the Dubai Financial Market plans to regularly organize interactive workshops in cooperation with renowned experts, to train students and deepen their knowledge of financial markets.

NASDAQ Dubai holds bond and Sukuk listing forum

NASDAQ Dubai and the Dubai Financial Services Authority (DFSA) explained the advantages of listing conventional bonds and Sukuk on the region’s international exchange, at a forum attended by leading investment banks and law firms.

The event held at the Dubai International Financial Centre (DIFC) provided details of the new listing and admission framework, following the transfer of NASDAQ Dubai’s Official List of Securities to the DFSA in October 2011. This framework gives issuers the ability to list debt in a streamlined manner under an aggressive timetable, comparable to listing regimes on other international exchanges.

Dubai Financial Market performance - January 2012

DFM market capitalization increased at the end of January 2012 by 2.7% to AED 185 billion compared to AED 180.1 billion at the end of the previous month. The value of shares traded during January 2012 reached AED 2.2 billion, compared to AED 1.9 billion recorded during December 2011, an increase of 15.9%. The number of shares traded increased by 46.3% to reach 2.1 billion shares, compared to 1.4 billion shares traded during the month of December. The number of transactions executed during January increased by 40% to reach 36,100 transactions, compared to 25,800 transactions carried out during the previous month.

As for the sectors’ contribution to trading volumes, the Real Estate and Construction sector ranked first in terms of the value of traded shares, to reach AED 1.3 billion, which equates to 58.4% of the total value of shares traded in the market. The Banking sector ranked second at AED 348.9 million (16.1%), followed by the Financial Services and Investment sector with AED 188.8 million (8.7%), and the Telecommunication sector with AED 171.1 million (7.9%). The Transportation sector reached AED 108.6 million (5%), and the Services sector reached AED 54.5 million (2.5%).

The value of shares bought by foreign investors during this month reached AED 1.032 billion, which equates to 47.7% of the total value of shares traded. The value of shares sold by foreign investors during the same period reached AED 956.3 million, representing 44.2% of the total value traded. The DFM net foreign investment in-flow reached AED 75.4 million.

The value of stocks bought by institutional investors during this month reached AED 591.8 million comprising 27.3% of the total value of shares traded. The value of shares sold by institutional investors during the same period reached AED 461.8 million which constitutes 21.3% of the total value traded. The DFM net institutional investment in-flow amounted to AED 130 million.

NASDAQ Dubai performance - January 2012

The value of equities traded on NASDAQ Dubai in January 2012 reached 35 million dollars, up 25% from 28.1 million dollars in December 2011.

Equities traded value in January 2011 was 47.1 million dollars.

NASDAQ Dubai started routing all its equities trades through the trading platform of DFM in July 2010, in order to facilitate access by individual investors.


Indices

The Dubai Financial Market General Index increased by 6.1% to 1435.7 points at the end of January 2012, compared to 1353.4 points at the end of December 2011.

The FTSE NASDAQ Dubai UAE 20 index ended January 2012 at 1,483, up 8% from the end of December 2011. The index tracks 20 stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. The stocks are chosen for high liquidity and openness to foreign investment. Read more about the constituents of the index here

Brokers’ Market share - January 2012

Members Market Share (%)
Al Ramz Securities 6.93
EFG-Hermes Brokerage UAE 6.61
Abu Dhabi Islamic Securities 6.07
Shuaa Securities 5.92
Arqaam Securities 5.73
Emirates NBD Securities LLC 5.60
Direct Broker for Financial Services 5.47
Abu Dhabi Financial Services / A.D.F.S 5.26
Dubai Islamic Financial Services 4.97
Daman Securities Center 4.61
Members Market Share (%)
Arqaam Securities 30.21
EFG-Hermes Brokerage UAE 24.64
Mashreq Securities 13.79
Deutsche Bank 10.70
Emirates NBD Securities 8.26
Direct Broker for Financial Services 6.53
Shuaa Securities 2.88
Al Dhabi Brokerage 0.95
Al Futtaim HC 0.79
Union Brokerage 0.71