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Sunday, December 6 - 2009

DFM to add DEYAAR to DFMGI and de-list National Bank of Dubai and Emirates Bank International

  • United Arab Emirates: Tuesday, October 09 - 2007 at 14:29
  • PRESS RELEASE

Dubai Financial Market announced today the addition of DEYAAR Company to DFM general index, DFMGI, and to the real estate index.

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Deyaar's total outstanding shares are 5.778 billion, out of which 4.334 billion shares are free float shares that represent the company in the mentioned indexes. Accordingly, and based on market closing prices of 9/10/2007 trading session, Deyaar market capitalization represents 6.2% of DFMGI total market capitalization.

On the other hand, DFM Indexes Committee decided to de-list National bank of Dubai and Emirates Bank International from DFMGI and the Banks Sector's index as a result of the suspension of trading on its shares in order to de-list both banks from DFM and the new bank to be added to DFM General Index after a month from the date of listing.

Based on the above mentioned changes, number of DFMGI companies reached 27 with total market capitalization representing about 75% of total market capitalization of the market.

Company/Weightings in index/Shares listed in index
AMAN 0.29 15,000,000
AMLAK 2.81 1,125,000,000
ARMX 2.26 1,100,000,000
ARTC 2.19 448,500,000
ASCANA 0.10 35,000,000
CBD 3.60 564,738,210
DIB 16.49 2,245,724,907
DIC 7.36 2,170,740,000
DIN 0.15 3,750,000
DNIR 0.13 50,000,000
DU 3.59 1,000,000,000
EMAAR 25.00 2,993,906,681
GGICO 1.53 270,000,000
IAIC 1.36 550,000,000
JEEMA 0.07 15,000,000
MASQ 4.20 28,151,344
NCC 1.01 138,407,080
NGI 0.15 30,421,442
OIC 0.92 141,375,000
SHUAA 2.10 550,000,000
TABREED 2.31 1,134,000,000
TAMWEEL 2.57 750,000,000
UPP 3.59 1,391,263,009
GULFNAV 0.80 827,500,000
DFM 5.28 2,000,000,000
AIRARABIA 3.97 3,500,025,000
DEYAAR 6.17 4,333,500,000
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About Dubai Financial Market

Dubai Financial Market was established as a public institution having its own independent corporate body. DFM is operating as a secondary market for trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the Local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the Market. The Market commenced operations on 26th March 2000.

For further information, please contact:

Ghaleb Zeidan
ASDA'A Public Relations
Exclusive Affiliate of Edelman, Middle East & North Africa
Dubai, UAE
Fax: 971-4-3356080

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