Dubai Financial Market adds 3 new stocks to general index


28/04/2009 00:00 AST  Gulfnews

Dubai Financial Market announced on Tuesday that shares of new 3 listed public joint stock companies will be added to its general index (DFMGI) and to sector indexes as of Tuesday April 28th 2009.The number of companies listed in index increased to 32 companies. The new additions includes; Drake and Scull international, Dartakaful - Takaful House, and Takaful Emarat.

DSI shares has been added to DFM general index and real estate index. The outstanding shares for DSI is 2.178 billion shares, while the percentage of free float shares is 75 per cent, and number of shares embedded in the index sample is 1.633 billion shares.

Dartakaful - Takaful House shares has been added to DFM general index and insurance index. The outstanding shares for the company is 100 million shares, while the percentage of free float shares is 75 per cent, and number of shares embedded in the index sample is 75 million shares. Takaful Emarat shares has been added to DFM general index and insurance index. The outstanding shares for Takaful Emarat is 150 million shares, while the percentage of free float shares is 75 per cent, and number of shares embedded in the index sample is 112.5 million shares.

The market capitalisation for the three new additions represents 0.91 per cent of total market capitalization for the companies embedded in the index.

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