Names of leading brands in various sectors revealed in a new report by Brand Finance
uae2 hours ago
The Dubai Financial Market (DFM) trade count on Wednesday witnessed an increase of 161 per cent on the first day of implementation of the minimum trading commission cancellation.
In a statement, the DFM said total number of trade count on first trading session of September reached to 6,739 transactions — the highest level of daily trade count since the beginning of this year compared to 2,579 transactions on Tuesday.
"Trade count of Wednesday’s session has also jumped 146 per cent compared to its 2,740 average year to date," the statement said.
Additionally, the DFM General Index gained 13.6 points (0.50 per cent) during Wednesday’s session taking its 2021 gains to 17 per cent.
The DFM decision to waive minimum trading commission is part of its numerous initiatives aimed at promoting retail investors’ participation in the market and enabling them to avail its lucrative investment opportunities that include a diversified range of asset classes and financial products.
The immediate jump in trade count underlines that investors targeted by this initiative recognize its importance in reducing the transaction cost and consequently maximizes the potential returns.
— muzaffarrizvi@khaleejtimes.com
Names of leading brands in various sectors revealed in a new report by Brand Finance
uae2 hours ago
Four workers died when the drone struck a condensate storage tank at Khor Mor Complex, Dana Gas said in a statement to the ADX
mena2 hours ago
Experience the future of comfort and convenience with innovative smart furniture, elevating your lifestyle through seamless integration of technology and design
business technology review3 hours ago
The device is equipped solely with an AI-powered personal assistant tasked with carrying out a multitude of practical tasks
business technology review3 hours ago
Jayden John Jacob unveils the world's first free mental health app exclusively for men
business technology review3 hours ago
Astra Nova is incubated by the Hashgraph Association & Gotbit, positioning it as the flagship game of the GCC region
kt network3 hours ago
Innovation is also playing a crucial role in shaping the off-plan landscape
kt network4 hours ago
Schools continued distance learning during the rains and in the aftermath of flooding to safeguard the well-being of students, staff
education4 hours ago