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Abu Dhabi, February 1: Brokerage firms in the Dubai Financial Market added 3,082 new accounts to investors during the month of January, amid great momentum in the market since last year, after announcing the listing of 10 government and semi-governmental companies, which contributed to enhancing its attractiveness and attracting new segments of investors.
According to the monitoring of the Emirates News Agency, WAM, based on Dubai Financial Market data, the number of new accounts in the Dubai Financial Market recorded a significant growth of about 210% during the past month, compared to about 995 new accounts in January 2022.
Abu Dhabi Islamic Securities Company acquired the largest share of new investor accounts during the past year with 551 accounts, then Emirates NBD Securities with about 507 accounts, then Al-Mashreq Securities with 380 accounts, and BHM Capital. Financial services accounted for 362, and “International Securities” accounted for 252, followed by “EFG-Hermes – Emirates” with 222 accounts.
Brokerage companies in the Dubai Financial Market, which currently number 28, executed more than 233.2 thousand transactions during the past month, on about 4.89 billion shares, with a value of about 9.9 billion dirhams.
And “Hermes – UAE” came in the lead after executing 54.7 thousand deals worth 2.54 billion dirhams, then “Arqaam Securities” with about 46.3 thousand deals worth 1.45 billion dirhams, and “BHM” Capital with 20 thousand deals equivalent to 1.22 billion dirhams.
