The Dubai Financial Market (DFM) witnessed a significant increase in its market capitalization by over AED3.7 billion ($1 billion). This surge propelled its market capitalization to its highest levels since mid-July 2015.
By the end of Monday’s trading session, the DFM’s market capitalization reached AED701.59 billion, up from AED697.8 billion at the close of last Friday’s session (22 September).
In comparison, the market capitalization of the Abu Dhabi Securities Exchange (ADX) remained stable at approximately AED2.87 trillion.
Moreover, the combined liquidity in the two markets amounted to about AED1.6 billion, with AED 1.1 billion traded in the ADX and AED511.9 million in the DFM. Notably, a total of 336.2 million shares were exchanged through 22,700 transactions.
Read more: DFM thrives with 34,818 new investor registrations, over 2.57 mn deals
International investor roadshow
For the first time, DFM is hosting an exclusive international investor roadshow in Singapore. Set to take place on September 27-28, this event offers investors in Singapore a unique opportunity to interact with senior representatives from Dubai’s prominent companies.
In collaboration with Goldman Sachs, the inaugural roadshow will be incorporated into Singapore Corporate Days 2023. Additionally, it serves as a testament to DFM’s dedication to expanding its global investor outreach while highlighting the comprehensive nature of Dubai’s capital markets.
Valuable exchanges
Furthermore, the roadshow aims to actively involve investors in Asia. It offers them a chance to engage with sector specialists and portfolio managers from prominent institutional equity funds. The roadshow specifically targets investors in Singapore and the wider region. The conference will foster one-on-one interactions and small group meetings, facilitating valuable exchanges and discussions among participants.
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