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Dubai Financial Market adds 26,953 new investor accounts in first half of 2023

By ANI | Published: July 02, 2023 3:17 PM

Dubai [UAE] (ANI/WAM): Brokerage companies at the Dubai Financial Market added 26,953 new investor accounts in the first half ...

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Dubai [UAE] (ANI/WAM): Brokerage companies at the Dubai Financial Market added 26,953 new investor accounts in the first half of 2023.

The market reportedly witnessed significant momentum since the announced listing of 10 governmental and semi-governmental companies, including the Dubai Electricity and Water Company (DEWA), the TECOM Group, and Union Coop, Salik, and Al Ansari, among others.

The number of new investor accounts at DFM grew significantly by over 48 per cent during the first five months of this year, compared to 18,204 new accounts in the same period in 2022.

According to DFM-released data, 4,246 new accounts were added in June; 5,349 added in May; 4,246 in April; 6,591 in March; 3,436 in February; and 3,082 in January. (ANI/WAM)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Dubai Financial MarketDubai electricity and water companyAl ansaridubaiUAEDubai PoliceDubai Duty FreeUae Armed ForcesDubai TourismDubai CityIndia UaeVirgin Radio DubaiDubai International Stadium
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