Dubai Brokerage Firms Conduct Over 2.57 Million Deals Worth AED 136.4 Billion in 2023

Dubai Brokerage Firms Conduct Over 2.57 Million Deals Worth AED 136.4 Billion in 2023

During the initial eight months of 2023, a total of 29 brokerage firms listed on the Dubai Financial Market (DFM) executed a staggering 2.57 million deals involving 80 billion shares, with a cumulative value of AED 136.4 billion.

Leading the pack, EFG Hermes emerged as the standout performer, commanding the lion’s share at 17.9 percent, equivalent to AED 24.5 billion of the brokers’ total transactions during this period. Following closely behind was BHM Capital Financial Services, securing 16.4 percent (AED 22.3 billion), trailed by Arqaam Securities at 10.8 percent (AED 14.7 billion). Emirates NBD also featured prominently among the top performers.

Leave a Reply

Your email address will not be published. Required fields are marked *