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ABU DHABI / WAM
The total value of margin trading facilities provided by brokerage companies operating at ADX and DFM amounted to AED 36.5 billion during the first quarter of 2017, an increase of 46 percent over the same period in 2016. According to official statistics, the margin trading accounted for 27.8 percent of the total transactions conducted at ADX and DFM during the period from January till March 2017, which totaled AED131 billion.
The DFM accounted for the largest share of margin trading, reaching AED29.44 billion, which is equal to 30.55 percent of the total cash inflows to the market since the beginning of the year, valued at AED 96.44 billion.
There is a continual demand over margin trading facilities despite the fluctuations witnessed by financial markets over the past three months, according to market brokers, who added that real estate and banking shares are the top performers in this kind of credit facilities.