United Arab Emirates, Dubai: BHM Capital, one of the leading financial institutions in the UAE capital markets, announced that it acquired 31.22% of all new accounts on the Dubai Financial Market last month of August. This positions them as a top brokerage firm with a total of 1,341 new accounts out of 4,295, allowing a larger number of investors to actively participate in public listing offerings and trade shares of listed companies.
According to monthly data from Dubai Financial Market, BHM Capital continued to lead brokerage firms operating in the market in terms of market share for the fourth straight month. Their trading value reached AED 3.9 billion in August, accounting for 19.3% of the total value of shares traded in Dubai for the same month. This further strengthens their presence in the UAE’s leading financial markets, helping to support trading activities and provide services in line with investors’ expectations.
“We are pleased with these new achievements, which reflect the status of the UAE economy and its leadership in its capital markets, having overcome many regional and global challenges. Our top ranking in the Dubai Financial Market brokers list validates our commitment to providing innovative facilities and services to clients who share our passion for the growth and prosperity of the UAE’s financial sector,” stated Abdel Hadi Al Sa’di, CEO of BHM Capital
Al Sa’di pointed out that the increased interest from investors to invest in the UAE market in the last months of 2023 was due to the announcement of the listing of state and semi-state-owned companies and the growing reliance on digital channels to access market services be. This saves a lot of time and effort and encourages more individuals and institutions to take advantage
the opportunities available in the market, especially with the innovative and advanced financial solutions offered by BHM Capital and its partners.
BHM Capital announced earlier last month that it had successfully completed its integration with the Dubai Financial Market electronic platform and mobile application, allowing traders to open accounts quickly and easily via the application. Additionally, in the last week of August 2023, they entered into a strategic partnership with the “Tawasal Super App”, a leading communication and lifestyle company, to provide users of the application with fast, easy and secure access to local and international financial markets on their financial platform .
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About BHM Capital Financial Services:
BHM Capital is a leading financial services company listed on the Dubai Financial Market (DFM) and regulated by the UAE Securities and Commodities Authority providing services to retail and corporate investors. Since its inception, it has been among the leaders in the country’s financial markets and is a pioneer in financial technology. This makes it the regional leader in providing essential tools for corporate and private customers.
For more information, visit: www.bhmuae.a
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