38,344 new accounts in the “Dubai Market” within 9 months

2023-10-01 22:05:06

Brokerage companies in the Dubai Financial Market added 38,344 new investor accounts during the first nine months of this year. The number of new accounts recorded a slight decline of about 2.3% in the first 9 months, compared to 39,250 new accounts in the same period of 2022.

The new accounts were distributed by 3,526 new accounts last September, 4,295 accounts in August, 3,570 in July, 4,246 in June, 5,349 accounts in May, 4,246 accounts in April, 6,591 accounts in March, 3,436 accounts in February, and 3,082 accounts in January.

“Emirates NBD Securities” accounted for the largest share of new investor accounts during the first nine months, with 8,719 accounts, then “BHM Capital” with 7,206 accounts, then “Al Ramz Capital” with 6,297 accounts, followed by “Abu Dhabi Islamic Securities.” 4,375 accounts, “International Securities” 3,024 accounts, and “Mashreq Securities” 2,261 accounts.

“EFG Hermes – UAE” came in eighth place with about 1,154 accounts, then “Abu Dhabi Commercial Securities” with about 941 accounts, “First Abu Dhabi Securities” with 786 accounts, “Arqaam Securities” with 714 accounts, and “Sharjah Islamic Financial Services” 552 accounts, HSBC Middle East 505 accounts, Shurooq Stocks and Bonds 505 accounts, and Al Ansari Financial Services 382 accounts.

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#accounts #Dubai #Market #months

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