The Dubai Financial Market (DFM) has announced the successful completion of its periodic review for both the General and Islamic Indexes, with changes taking effect as of 23 September 2024.
As part of the review, the new stock weightings for companies included in both indexes will be applied starting from today’s trading session, Monday. These updates are crucial for ensuring that the indices remain reflective of market performance and comply with set regulations. The DFM conducts these periodic reviews to maintain the accuracy of the index compositions and to reflect any changes in stock market dynamics.
The updated indices provide investors with an accurate representation of the market, offering them insights into stock performance, particularly in accordance with Islamic principles for the Islamic index. The periodic reviews are part of DFM’s broader strategy to enhance transparency and provide investors with reliable tools for informed decision-making.
