Dubai – Mubasher: Dubai Financial Market Company (DFM) has introduced new equity futures contracts on individual stocks of Dubai Electricity and Water Authority (DEWA) and GFH Financial Group.
This step is in line with the DFM's strategy to diversify investment opportunities, according to a press release on Monday.
The new launch raises the total number of listed companies that the DFM offers futures contracts on their individual stocks to 12 with tenures of up to three months.
It is noteworthy to mention that in the first quarter (Q1) of 2022, the DFM posted a 17% rise in its net profits attributable to the owners to AED 27.45 million from AED 23.42 million in the corresponding period of 2021.
