Page 16 - SALIK PR REPORT OCTOBER 2023

11/2/23, 4:05 PM DFM's third-quarter income triples on trading value and new investor boost

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DFM's third-quarter income triples on trading value

and new investor boost

Bourse's market capitalisation hit $190 billion at the end of the first nine months of this year

Salik is among the state-owned enterprises that have listed their shares on the Dubai Financial Market. Chris Whiteoak / The National

Sarmad Khan
Oct 31, 2023

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The Dubai Financial Market reported an almost threefold jump in its third-quarter net income as trading value and
the number of new investors rose.

Profit attributable to shareholders for the three months to the end of September climbed to Dh74.06 million ($20.18
million), from Dh25.64 million for the same period in 2022, the DFM said in a regulatory filing on Tuesday.
Trading commission fees for the June-September period jumped to Dh70.05 million, up from Dh41.08 million a year
earlier.
Total income grew by more than 84 per cent on an annual basis to Dh137.91 million.

The rise in earnings underpins the bourse's “commitment to diversification and our forward-thinking initiatives to
position DFM as the marketplace of choice for both investors and issuers”, its chairman Helal Al Marri said.

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