Page 23 - UNION PROPERTIES GENERAL REPORT - March 2024

Dubai Financial Market completes the periodic

review of the general and Islamic index weights

by admin_l6ma5gus

March 18, 2024

Dubai (WAM)

The Dubai Financial Market announced that it has completed the periodic review of the sample
of the general index and the Islamic index, indicating that the application of the new weights for
the stocks included in the indices took place as of today, corresponding to March 18.

Based on Dubai Financial Market data, 4 companies accounted for about 40% of the total
weight of the general index: “Dubai Islamic” with a share of 10%, “Emaar Properties” with a
weight of 10%, “DEWA” with 10%, and “Emirates NBD.” By 10%.

“Dubai Commercial” stock came in fifth place with a weight of 6.5%, then “Air Arabia” 5.97%,
“Dubai Investments” 5.57%, “Emaar Development” 5.43%, “Mashreq” 5.24%, “Salik” 4.77%, and
“Du”. “4.28%, “Gulf Navigation” 2.66%, “Empower” 2.32%, and “Ajman Bank” 2.17%.
“Dubai Financial Market” ranked 15th with a weight of 1.65%, “Tabreed” 1.62%, “Deyaar” 1.58%,
“Aramex” 1.4%, “Tecom” 1.37%, “Taleem” 1.34%, and “Union Properties” 1.14. %, while the rest
of the companies had shares of less than 1%.

https://pledgetimes.com/dubai-financial-market-completes-the-periodic-review-of-the-general-
and-islamic-index-weights/#google_vignette