Since the adoption of the mandate of Maktoum bin Mohammed to supervise the financial markets and stock exchanges in the emirate

"Dubai Financial" records a record performance within 3 weeks

The Dubai Financial Market has achieved record performance, since His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the assignment of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and Chairman of the Supreme Committee To develop the financial markets and exchanges in Dubai, by supervising the financial markets and exchanges in Dubai on October 31, 2021.

Within three weeks in the 15 trading sessions that followed the announcement of the assignment, the total value of the Dubai Financial Market’s trading increased by 270% to 15.5 billion dirhams, while the total number of traded shares increased by 348% to 10.7 billion shares, while the total number of trading deals increased by 222 % to 146,000 deals.

The Dubai Financial Market achieved gains in the market value by about 38.5 billion dirhams, and the general index rose by 13.7%, while the Dubai Financial Market Company's share rose 164% during the same period.

The plan to develop Dubai’s financial markets, with the aim of doubling the value of the Dubai financial markets and its stock exchanges to three trillion dirhams, included the inclusion of 10 government and semi-governmental companies in the Dubai Financial Market, the establishment of a fund of up to two billion dirhams as a market maker, and a fund of one billion dirhams to support advanced technology companies in Dubai Encouraging it to list in the financial markets in the emirate.

Dubai market performance during 15 trading sessions

The value of the market's trading increased by 270% to 15.5 billion dirhams.

The number of traded shares increased by 348% to 10.7 billion shares.

The total number of trading transactions increased by 222% to 146 thousand.

Market value gains 38.5 billion dirhams.

The general index of the market increased by 13.74%.

The Dubai Financial Market Company's share rose 164%.

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