Monday 5 November 2012

DFM must work on investment interest - The National

The Dubai Financial Market (DFM), the only Arabian Gulf stock market to sell shares to the public, has reported another quarter of losses.

The third quarter loss of Dh1.71 million, albeit lower than last year's, is a reminder that despite the recent increase in trading volumes, much more work is required to increase the level of investment interest for the bourse to break even.

Margin trading reached Dh337.5m after the recent regulatory introduction. The DFM is optimistic that the accreditation of four brokerages to conduct margin trading will enhance volumes and revenues.

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