DFM Company posts net profit of Dh23.4 million in Q1 Essa Kazim, chairman, Dubai Financial Market Company. — Supplied photo The DFM has attracted 848 new investors during the first quarter. Dubai Financial Market Company announced its consolidated financial results for the first quarter of the year ending March 31, 2021, reporting a net profit of Dh23.4 Million, a 33 per cent decrease compared to Dh34.7 Million during the corresponding period of 2020. Essa Kazim, chairman, Dubai Financial Market Company said: “During the first quarter of 2021, the DFM performance indicators have maintained their 2020 positive trajectory in spite of the volatility of international financial markets due to the repercussions of the Covid-19 pandemic. Accordingly, the DFM’s trading value has increased 8.3 per cent to Dh15.4 billion during the first quarter of 2021 compared to Dh14.2 billion during the corresponding quarter of 2020. The DFM has attracted 848 new investors during the first quarter, including 134 institutions, lifting total number of DFM’s investor base to 847,277 investors representing 207 nationalities. Moreover, the DFM maintained its attractiveness to foreign investors with their market share reached to 46 per cent of trading value during the first quarter and to 18.3 per cent of the market capitalisation at the end of March 2021. Foreign investors’ net purchases during the first quarter reached to Dh160.5 million.”