The Dubai Financial Market announced the update of the weights of the general index companies for the market, according to the review of the month of June 2020.
According to the Emirates News Agency, the update showed that the number of companies included in the index is 37 companies and banks listed among all sectors traded, but the largest number of them is classified within the real estate, banking and telecommunications sectors.
Four companies accounted for about 61% of the total weight of the general index of the Dubai Financial Market, and Emirates NBD shares topped the list of the heaviest and 20%, followed by Dubai Islamic Bank 19.98 Then Emaar Properties 15.13%, Emirates Integrated Communications 6%.
On the other hand, the Dubai Financial Market published a list of securities eligible to trade with the support of the market maker during the month of June of this year, which included the names of 19 companies listed on the market. p>
According to the criteria used in approving the securities that are eligible for trading with the support of the market maker, it includes the volume of trading, as it is required that the ratio of the total value of the company’s trading to the total value of the market’s value be reduced. During the evaluation period, about 1%, in addition to the standard number of free shares, noting that the list of companies is reviewed twice during the year.
