net profit grew toDubai Financial Market Company By 17% in the first quarter of this year, to 27.5 million dirhams.
As for revenue, it grew by 7% to AED 78.6 million, less than the expectations of Goldman Sachs, which was at AED 101 million.
The first quarter witnessed an increase in the trading value by 48% to 22.8 billion dirhams.
It is noteworthy that the foreigners’ share of trading approached 46%, while their ownership represented 23% of the market value.
Institutional investors accounted for 51.6% of the total trading value.
