The Dubai Financial Market has reinforced its investment appeal, adding approximately 67,800 new accounts in the first nine months of this year. This surge can be attributed to a diverse range of investment options, robust performance from various companies, and the allure for new investor segments.
Brokerage firms in Dubai recorded a total of 67,834 new investment accounts from January to the end of September, compared to 70,949 accounts during the same timeframe in 2024.
According to an analysis based on data from the Dubai Financial Market, the distribution of new accounts over the months was as follows: 6,889 accounts in January, 6,846 in February, 5,923 in March, 7,384 in April, 10,745 in May, 6,589 in June, 7,542 in July, 6,475 in August, and 9,441 in September. This led to a year-on-year increase of approximately 33.9% for September, compared to around 7,050 new accounts in September 2024.
Among the brokerage firms, PHM Capital was the leader in new investor accounts with 28,509 accounts opened. This was followed by Emirates NBD Securities with about 10,559 accounts, Arqaam Capital with 9,010 accounts, Abu Dhabi Islamic Securities with 6,758 accounts, Mashreq Securities with 3,731 accounts, and First Abu Dhabi Securities with 2,942 accounts. The International Securities firm came in last with 2,542 accounts.
Moreover, the 27 brokerage companies operating in the Dubai Financial Market executed around 5.1 million transactions over the nine months, involving approximately 97.5 billion shares worth nearly 266.7 billion dirhams.
In terms of trading value among brokerage firms during the first nine months of the year, the largest share was held by Hermes Financial Group – UAE, accounting for 25.85% of the total trade value, equivalent to 68.93 billion dirhams. This was followed by Emirates NBD Securities with 12.99%, amounting to 34.64 billion dirhams. Arqaam Securities ranked third with about 27.54 billion dirhams, representing 10.33%, while PHM Capital was next with around 25.18 billion dirhams, making up 9.44%.