Sunday, 8 May 2011

Last of the first-quarter results due out - The National

Investors will be looking for the final first-quarter results to trickle out from the financial services sector in Dubai this week.

DFM Company, the Arab world's only publicly listed bourse, is expected to report its earnings for the quarter following its board meeting today.

Analysts expect the company to report a net income of Dh45 million, down 16 per cent from Dh53.5m in the same period last year. Value traded on the Dubai Financial Market was at Dh10.9 billion for the quarter, down almost two thirds from Dh28.9bn.

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