DFM
DFM
0.00%
1.36
0.00
DFM
Dubai Financial Market (DFM.DFM) posted a net profit of AED215mn in Q1 2014, up 697% YoY, and up 105% QoQ compared to a net profit of AED105mn in Q4 2013, according to Bloomberg.
Mubasher Trade and Research stated that details to financials have not yet been released; however we believe trading commissions were the main source to the increase in income, being the main source of profit for DFM. The value of traded securities in DFM jumped 429% during Q1 2014 to AED110bn.
Mubasher Trade and Research stated that details to financials have not yet been released; however we believe trading commissions were the main source to the increase in income, being the main source of profit for DFM. The value of traded securities in DFM jumped 429% during Q1 2014 to AED110bn.
Source:
Mubasher