03/04/2018 08:10 AST

The Dubai Financial Market (DFM) said on Monday that EFG Hermes Brokerage has become the first member to provide the Allocation Account Service to its client base.

The allocation account enables brokerage firms to use a combined account with the clearinghouse in order to execute buy and sell transactions of securities on behalf of their clients, provided that such transactions shall be allocated to the clients' accounts during the allocation period within 45 minutes from the end of the trading session, the bourse said in a statement.

The DFM launched the new service to reinforce its business framework for the benefit of various participants including; issuers, investors and brokerage firms, the statement added.


Gulf News

DFM Company shareholders approve 2017 Financial Statements

29/03/2018

The shareholders of Dubai Financial Market Company (PJSC) have approved the Balance Sheet and Income Statement for the financial year ending 31 December 2017, during the Annual General Meeting held o

Press Release

DFM revolutionizes cash dividend distribution process

13/03/2018

The Dubai Financial Market (DFM) said it has launched an innovative Dividend Distribution System (DDS) as part of its strategy to provide market participants with smart and efficient solutions.
<

Gulf News

DFM's net profit falls 8% in 2017

01/02/2018

Dubai Financial Market company said its net profit for 2017 fell 8 per cent along with total revenues, even as the board proposed a cash dividend of 5 per cent.

Net profit for the 12 month

Gulf News

Ticker Price Volume
DFMC Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
IHC 401.60 0.10 (0.02%)
FAB 14.26 0.16 (1.13%)
EMIRATESNBD 20.35 0.15 (0.74%)
ADCB 10.60 0.12 (1.14%)
EIB 11.95 0.00 (0.00%)
Dr. Soliman Fakeeh Hospital, Jeddah is among top three 5-star hospitals in Middle East and North Africa

17/03/2025

Dr. Soliman Fakeeh Hospital in Jeddah continues to strengthen its leadership position in the healthcare sector in Saudi Arabia by achieving a 5-star rating in the "Global Hospital Rating" by Newsweek

Saudi Gazette

Ooredoo Group, ITPC partner to land FIG subsea cable in Iraq

17/03/2025

Ooredoo Group and Iraqi Telecommunications and Post Company (ITPC) have signed a Landing Party Agreement to land the Fibre in Gulf (FIG) subsea cable in Iraq, establishing the country as a vital tran

Gulf Times

Doha Bank unveils fintech, innovation hub to drive QNV 2030

17/03/2025

Doha Bank proudly announces the launch of its Fintech and Innovation Hub, an initiative that underscores its commitment to advancing Qatar's financial services ecosystem and the Qatar Central Bank (Q

The Peninsula

Investcorp Capital buys portfolio of private market investments

17/03/2025

Investcorp Capital, a major investor in private markets and alternative investment opportunities, has announced that it has acquired a major interest in a diversified portfolio of assets consisting o

Trade Arabia

Bank ABC approves $85m dividends for FY 2024

17/03/2025

Bahrain-based Bank ABC (Arab Banking Corporation) has announced that its board has secured approval from its shareholders for distribution of $85.1 million as dividends for FY 2024.

This i

Trade Arabia