From Wikipedia, the free encyclopedia
The Dubai Financial Market (Arabic: سوق دبي المالي) is a stock exchange located in Dubai, United Arab Emirates. It was founded on March 26, 2000.
There are about 57 companies listed (as of August 2007) on DFM, most of them are UAE-based companies and a few dual listings for companies based in other MENA region countries. Many companies allow foreigners to own their shares. Total market cap is around $360bn, which is roughly equal to the market cap of Abu Dhabi Securities Market ($380bn) (as of August 2007).
During 2004 and 2005, there were significant increases in the volume of shares traded and the share prices of many companies. However, towards the end of 2005 and through the first few months of 2006 the bubble has burst and share values dropped by around 60% on DFM, along with similar decreases in most other Persian Gulf stock markets.
DFM is one of three stock exchanges in the UAE. Abu Dhabi Securities Market (ADSM) also lists mostly UAE companies and the recently opened Dubai International Financial Exchange (DIFX) was set up to trade international stocks. DFM is majority owned by Borse Dubai, with 20% of the DFM's shares listed on the DFM platform.
[edit] Listed companies
| Company title |
|
Symbol |
| Arab Emirates Investment Bank |
|
AEIBANK |
| Amlak finance |
|
AMLAK |
| Commercial bank of Dubai |
|
CBD |
| Dubai Islamic Bank |
|
DIB |
| Emirates National Bank of Dubai |
|
ENBD |
| Emirates Islamic Bank |
|
EIB |
| Gulf Finance House |
|
GFH |
| Mashreqbank |
|
MASQ |
| Tamweel |
|
TAMWEEL |
| Al Salam Bank – Bahrain (B.S.C.) |
|
SALAM_BAH [1] |
Please note that Emirates Bank International (EBI) and National Bank of Dubai (NBD) had been merged together to form a holding company to run both entities named Emirates National Bank of Dubai (ENBD), this merger resulted in cancelling both shares and issuing a new one listed on the 16th of October 2007. Data taken from [2]
[edit] Investment and Financial services
| Company title |
|
Symbol |
| Alfirdous Holding PJSC |
|
ALFIRDOUS |
| Almadina for Finance and Investment |
|
ALMADINA |
| Bayan Investment Company |
|
BAYAN |
| Dubai Financial Market |
|
DFM |
| Dubai Investments Company |
|
DIC |
| Global Investment House |
|
GLOBAL |
| Gulf General Investment Company |
|
GGICO |
| Gulf Petroleum Investment |
|
GPI |
| International Financial Advisors |
|
IFA |
| International Investment Group |
|
IIG |
| Salam International Investment |
|
SALAM |
| SHUAA Capital |
|
SHUAA |
[edit] Insurance
| Company title |
|
Symbol |
| Alliance Insurance Company |
|
ALLIANCE |
| Arab Orient Insurance Company |
|
AOIC |
| Alsagr National Insurance Company |
|
ASNIC |
| Arab Insurance Group (ARIG) |
|
ARIG |
| Arabian Scandinavian Insurance Company |
|
ASCANA |
| Duabi Inasurance Company |
|
DIN |
| Duabi National Insurance and Reinsurance |
|
DNIR |
| Dubai Insurance and Reinsurance (AMAN) |
|
AMAN |
| Islamic Arab Insurance Company |
|
IAIC |
| National General Insurance |
|
NGI |
| Oman Insurance Company |
|
OIC |
[edit] Real estate and Construction
| Company title |
|
Symbol |
| Almazaya Holding Company |
|
MAZAYA |
| Arab Heavy Industries |
|
AHI |
| Arabtec Holding |
|
ARTC |
| Deyaar Development |
|
DEYAAR |
| Dubai Development Company |
|
DDC |
| Emaar Properties |
|
EMAAR |
| Grand Real Estate Projects Company |
|
GRAND |
| Kuwait Commercial Markets Complex |
|
SHOP |
| National Real Estate Company |
|
NRE |
| Union Properties |
|
UPP |
[edit] Transportation
[edit] Building Materials
| Company title |
|
Symbol |
| Aerated Concrete Industries Company |
|
ACICO |
| National Cement Company |
|
NCC |
| National Industries Group Holding |
|
NIND |
[edit] Consumer Staples
| Company title |
|
Symbol |
| Dubai Refreshments Company |
|
DRC |
| Gulf Mineral Water and Processing Industries |
|
GULFA |
| Jeema Mineral Water Company |
|
JEEMA |
| United Foods Company |
|
UFC |
| United Kaipara Dairies |
|
UNIKAI |
[edit] Telecommunication
[edit] Utilities
| Company title |
|
Symbol |
| National Central Cooling Company (TABREED) |
|
TABREED |
[edit] External links
- DFM - official website
- Dubai Share Talk - discussion forum for investors in the UAE
- ESCA - Emirates Securities and Commodities Authority (market regulator)
- Share Wadi - information about UAE stocks
- [3] research on Dubai funds and the stocks, bonds, and sukuk listed on the Dubai International Financial Exchange (DIFX)
