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DFM attracts 2613 new investors in Q1-2012, a 93.5% increase

Dubai Financial Market (DFM) announced that the number of new investors registered during the first quarter of 2012 has grown by 93.5% to 2613 investors compared to 1350 investors during the corresponding period of 2011. Investors have shown mounting enthusiasm to obtain a DFM Investor Number (IN), amid re-ignited sentiment towards listed securities, which in turn led to an 87.7% jump in trading value during the first quarter to AED 20.47 billion compared to AED 10.91 billion in the same period of last year. As for nationality groups, UAE investors shared the leading position with their foreign counterparts with 929 new investors for each nationality category, followed by Arab and GCC nationals with 623 and 132 new investors respectively.

DFM accredits “EFG-Hermes Brokerage” for Margin Trading

Dubai Financial Market (DFM) announced that EFG-Hermes Brokerage has been accredited to carry out Margin Trading, in a move that makes it the second DFM brokerage firm accomplishing this significant step following the Arab German International Broker (AGIB). The exchange is currently processing similar applications from other brokerage firms in collaboration with the Securities and Commodities Authority (SCA).

DFM Annual Stock Game inaugurated with the participation of 1844 school and university students

Dubai Financial Market (DFM) announced the inauguration of the 10th Annual Stock Game, the most popular educational initiative amongst school and university students in the UAE. In its new version, The Stock Game has attracted 1844 students, representing 29 educational institutions. Including the Al Faisal University of Saudi Arabia for the first time.

NASDAQ Dubai to speak at debt capital markets conference


Craig Hewett, Head of Business Development, will discuss ways to develop the regional debt markets at the Bonds & Loans Middle East conference in Dubai on May 30, 2012. With other expert panelists, he will look at initiatives to strengthen the issuance, listing and custody framework for Sukuk and conventional bonds.

DFM performance during April 2012

The Dubai Financial Market General Index decreased by 1.1% to 1631 points at the end of April compared to 1648.9 points at the end of March. At the sectoral level, seven out of the nine indices represented on DFM ended the month in the red, with the Services sector decreasing the most by 17.3%, followed by the Industrial and Transportation sectors by 10.4%, and 9.3% respectively. The Real Estate & Construction index rose by 6.1%. The Consumer Staples sector did not witness any changes during this month.

The market capitalization dropped at the end of this month by 0.9% which amounted to AED 192.4 billion compared to AED 194.3 billion the previous month. The value of shares traded during this month reached AED 6.7 billion, compared to AED 9.6 billion recorded during March, a decrease of 29.5%. The number of shares traded decreased by 40.2% to reach 4.7 billion shares during this month compared to 7.9 billion shares traded during March. The number of transactions executed during April fell by 31% to reach 80.6 thousands compared to 116.8 thousand deals 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 3.2 billion, equating to 47.8% of the total value of shares traded in the market. The Banking sector ranked second at AED 1.2 billion (17.9%), followed by the Financial Services and Investment sector with AED 657.7 million (9.8%), and the Services sector with AED 605.3 million (9%). The Telecommunication sector reached AED 494.4 million (7.3%), the Transportation sector with AED 345.5 million (5.1%), and the Insurance sector with AED 209.2 million (3.1%).

The value of shares bought by foreign investors during this month reached AED 3.176 billion comprising 47.1% of the total value of shares traded. The value of shares sold by foreign investors during the same period reached AED 2.921 billion comprising 43.3% of the total value traded. DFM net foreign investment in-flow reached AED 255.2 million.

The value of stocks bought by institutional investors during this month reached AED 1.329 billion comprising 19.7% of the total value of shares traded. The value of shares sold by institutional investors during the same period reached AED 1.181 billion which constitutes 17.5% of the total value traded. DFM net institutional investment in-flow amounted to AED 148.4 million.


NASDAQ Dubai performance during April 2012

The value of equities traded on NASDAQ Dubai in April 2012 reached 36.9 million dollars. This was a decrease of 10% from 41 million dollars in March 2012 and of 49% from 72.3 million dollars in April 2011.

The FTSE NASDAQ Dubai UAE 20 index ended April 2012 at 1,694, up 1% from 1,682 at the end of March and up 23% from the end of December 2011.

The index tracks 20 liquid stocks listed on DFM, the Abu Dhabi Securities Exchange and NASDAQ Dubai. It has been designed as a hedging and investment mechanism for GCC and international investors.


Indices

The Dubai Financial Market General Index decreased by 1.1% to 1631 points at the end of April compared to 1648.9 points at the end of March.

The FTSE NASDAQ Dubai UAE 20 index ended April 2012 at 1,694, up 1% from 1,682 at the end of March and up 23% 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 - April 2012

Members Market Share by Value (%)
Al Ramz Securities 6.2
EFG-Hermes Brokerage 6.1
Abu Dhabi Financial Services /AD.F.S 6.0
Direct Broker for Financial Services 5.6
Emirates NBD Securities LLC 5.2
Daman Securities Center 4.9
Abu Dhabi Islamic Securities 4.5
SHUAA Securities 4.2
Arqaam Securities 3.8
MASHREQ SECURITES / MASQ 3.4
Members Market Share by Value (%)
Arqaam Securities 34.28
Deutsche Bank 26.42
EFG-Hermes Brokerage 22.34
Direct Brokers for Financial Services 10.40
SHUAA Securities 2.55
Mashreq Securities 1.28
Al Ramz Securities 1.09
Emirates NBD Securities LLC 0.81
Al Dhabi 0.35
Naeem Shares & Bonds 0.26