Dubai Financial Market To launch Its New General Index On 21 November 2022

Dubai Financial Market (DFM) today announced that it plans to launch its new general index on 21st of November 2022.

It is noteworthy that the DFM has offered market participants the opportunity to counsel on the new methodology of its indices during a consultation period between 3 to 17 October 2022 prior to formulating the final version.

The imminent launch is part of a comprehensive transformation of the DFM indices, providing various market participants with world-class investable and tradeable benchmarks for the DFM equity market. S&P Dow Jones Indices acts as the calculation agent of the new index