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DFM to hold International Investor Roadshow in New York next June

DFM to hold International Investor Roadshow in New York next June
The roadshow will be carried out along with the GEMS

Dubai - Mubasher: The Dubai Financial Market (DFM) will organise its International Investor Roadshow in New York for two days, 10 to 11 June 2019, in collaboration with HSBC.

This comes as part of the DFM’s plan to further attract international investments and cement connections between listed companies and institutional investors, according to a press release on Tuesday.

The roadshow will be carried out along with the Global Emerging Markets Investor Forum (GEMS), the DFM pointed out.

Representatives of nine companies listed on the DFM and Nasdaq Dubai will showcase their business developments and growth strategies at the roadshow, the Emirati bourse highlighted.

During the anticipated event, the chairman of the DFM Essa Kazim will head a delegation of 12 CEOs, CFOs, and investor relations managers of participating companies, including Emaar Properties, Emaar Malls, Emaar Development, Aramex, Damac Properties, Dubai Islamic Bank, Emirates NBD, DP World, DFM Company.

Kazim commented: “As the main linkage between listed companies and institutional investors, the DFM International Investors Roadshows are playing a significant role in attracting new investments and strengthening the relations between our issuers and.

The DFM has launched a number of initiatives as part of its 2021 strategy to strengthen the relations between the bourse’s issuers and the investing community, while evolving expectations of their current and potential investor base, he said.

“Our initiatives focused on improving the performance of IR practitioners as well as launching the Board Briefing sessions and the Board Secretaries Certification Program. These efforts are well-received by many listed companies and ultimately supported them in their efforts to reinforce investor confidence and attract new investors,” he commented.

The DFM has attracted 654 new investors in the first quarter of 2019, including 64 institutions, bringing total number of investor base to 843,778 investors, Kazim noted.

“Moreover, the foreign investors maintained their strong presence on the market with 53.3% share of trading value and net purchases of AED 680 million and their ownership reached 18.4% of the total Market Capitalisation by the end of the quarter as they recognise the lucrative investment opportunities available on the market supported by the solid and diversified economy, the world-class regulations and infrastructure of DFM as well as the innovative services we launched as part of the current strategic plan,” he added.