High profits "Dubai Financial" 41.8% during the first quarter

2025/05/01 7:41:00 PM

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Dubai on May 1 / WAM / The net profit of the Dubai Financial Market after the tax increased by 41.8% to 127.055 million dirhams during the first quarter of this year compared to about 89.59 million dirhams during the same period from 2024.
According to a press release issued today, the market witnessed a standard trading activity with the continued participation of investors, and the net profit before the tax reached 134.9 million dirhams, compared to 95.6 million dirhams in the first quarter of the year 2024.

During the first three months of this year, the highest daily average of trading value for more than a decade of 663 million dirhams, an annual increase of 67%, in addition to the total value of trading by 61% to 41 billion dirhams, compared to 25.5 billion dirhams in the first quarter of 2024.
In conjunction with this strong performance in trading, the unified revenues of the Dubai Financial Market during the first quarter of 2025 amounted to about 186.5 million dirhams, compared to 148.1 million dirhams during the same period last year 2024.
Revenue included 86 million dirhams of operating income and 100.5 million dirhams of investment returns and other revenues.
His Excellency Hilal Saeed Al -Marri, Chairman of the Dubai Financial Market Board of Directors, said that the Dubai Financial Market has maintained its strong performance and high investor confidence, which was reflected in the standard levels of trading activity, despite rapid changes in global markets.
By the end of March 2025, the market value of the companies listed in the market amounted to 897 billion dirhams, a slight decrease of 1% compared to the end of 2024.
The average number of daily deals increased by 33% on an annual basis to 13,400 deals per day, which reflects the growth in liquidity and active participation by investors.
Iqbal investors maintained its momentum during the first months of this year, as the Dubai Financial Market attracted 19,366 new investors during the first quarter, 86% of them are foreigners.
Foreign investors contributed 53% of the total trading value, while their ownership rate maintained its stability at 21% of the total market value.
The strong and increasing confidence of investors from the institutions segment continued, as its trading constituted 72% of the total trading value, compared to 65% during the same period last year, which enhances the market attractiveness of a wide and varied segment of global investors.