DFM 2006 highlights

by ArabianBusiness.com staff writer Sunday, 14 January 2007

The Dubai Financial Market (DFM) has released its highlights of the year in 2006.

Related Stories

A total of 16 new companies debuted on the DFM last year raising the number of listed companies to 46, an increase of 53% compared to 2005.
The DFM’s trading volume in 2006 grew by 55% to 39.6bn shares traded compared to 25.5bn in 2005, while its market capitalisation reached US$87bn by the end of 2006, a decline of 24% compared to US$114.5bn by end of 2005.

During 2006, the banking sector’s market capitalisation contributed 36.7% to the DFM’s total market cap; real estate 29.7%; investment and financial services 9.4%; telecoms 8.4%; while the remaining percentage was distributed among DFM’s other sectors.

The DFM’s market capitalisation was 10% of the total market cap of all Arab stock markets by the end of 2006 with the DFM occupying fourth position in terms of market capitalisation among the 15 stock markets in the Arab world. Comparative data suggests that the real estate and construction sector contributed the highest in terms of value of traded stocks. In 2006, stocks traded within the real estate and construction sector touched US$49bn, a solid contribution of 51.5% to the DFM’s total value of traded stocks.



Search Property (2042 listed)



Enter a Development, City, Real Estate Agent or Developer name
Property Type
Added to Site
Price Range
to
Bedrooms
Area (in sqft)
to
to

Quick Links(Residental)