By: Mahmoud Gamal
Dubai – Mubasher: Al Safwa Mubasher Trade, formerly known as Mubasher Financial Services, has topped the list of companies listed on the Dubai Financial Market (DFM) in terms of the number of transactions executed in February.
Al Safwa Mubasher has executed 15,187 transactions when compared to 16,898 in March 2017, according to the calculations contributed by Mubasher.
The value of total transactions stood at AED 1.398 billion that represents 11.7% of the DFM’s AED 11.93 billion total value.
Hermes ranked the second, following Al Safwa Mubasher, with about 10,680 transactions at a total value of nearly AED 1.51 billion or 12.66% of the DFM’s total value.
ADIB Securities came in the third place with approximately 10,680 transactions at a total value of AED 612.83 million or 5.14% of the stock market’s total liquidity.
Al Safwa Mubasher also ranked the first in terms of trading volume with 732.19 million shares or 9.6% of the DFM’s volume of 7.63 billion shares.
ADIB Securities ranked the second with 577.94 million shares or 7.6% of the DFM’s total volume.
