Brokerage companies at the Dubai Financial Market added 26,953 new investor accounts in the first half of 2023.
The market reportedly witnessed significant momentum since the announced listing of 10 governmental and semi-governmental companies, including the Dubai Electricity and Water Company (DEWA), the TECOM Group, and Union Coop, Salik, and Al Ansari, among others.
The number of new investor accounts at DFM grew significantly by more than 48 per cent during the first five months of this year, compared to 18,204 new accounts in the same period in 2022.
Dubai Financial Market investors
According to DFM-released data, new investors so far this year, were:
- 3,082 in January
- 3,436 in February
- 6,591 in March
- 4,246 in April;
- 5,349 in May
- 4,246 in June
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