PHOTO
An Emirati man follows the stock market activity at the Dubai Financial Market in the Gulf emirate on December 14, 2009. Dubai's stock market rose 10.13 percent in early trade after the government said it will pay 4.1 billion dollars to cover maturing Islamic bonds issued by its Nakheel property developer. AFP PHOTO/STR (Photo by AFP) Image used for illustrative purpose.
DUBAI - In the first eight months of the year, 29 brokerage firms listed on Dubai Financial Market (DFM) conducted over 2.57 million deals on 80 billion shares worth AED 136.4 billion.
EFG Hermes emerged as best performer, dominating the lion’s share of 17.9 percent (AED24.5 billion) of the brokers’ total trades in the said period, followed by BHM Capital Financial Services with 16.4 percent (AED22.3 bn), Arqaam Securities with 10.8 percent (AED14.7 bn) and then Emirates NBD with 8.2 percent (AED11.8 bn).