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Dubai Financial Market sees active trading; key deals recorded

Dubai Financial Market led three substantial deals concerning the shares of ‘Takaful Emarat,’ ‘SHUAA Capital,’ and ‘Salama – Islamic Arab Insurance.’

Dubai Financial Market led three substantial deals concerning the shares of ‘Takaful Emarat,’ ‘SHUAA Capital,’ and ‘Salama – Islamic Arab Insurance.’

Trading Overview:

The Dubai Financial Market (DFM) recently reported a robust trading session, witnessing a significant trade volume:

  1. Share Transactions: The DFM recorded a notable trade of 175.3 million shares, amounting to AED87.2 million.

Key Deals Conducted:

  1. Takaful Emarat Deal:
  • Transaction Details: A substantial deal involving Takaful Emarat saw a transaction worth AED18.5 million.
  • Shares Exchanged: The deal encompassed 44.5 million shares.
  • Share Value: Each share was traded at AED0.419.
  1. SHUAA Capital & Salama – Islamic Arab Insurance:
  • The report highlighted two additional significant deals conducted by DFM, involving the shares of SHUAA Capital and Salama – Islamic Arab Insurance, although specific details regarding these transactions were not provided.

Market Activity Insights:

The recorded trade volume and the value of transactions reflect an active trading environment at the DFM, characterized by significant deals involving key entities like Takaful Emarat, showcasing investor activity and market movement in specific stocks within the financial sector.

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