Reinstatement of the 10% limit down on prices of listed securities as of 28th February 2021

25 February 2021

Dear Valued Client,

Dubai Financial Market (DFM) and Abu Dhabi securities Exchange (ADX) has announced that they will reinstate the ordinary 10% limit down cap on listed securities daily movement as of trading session of Sunday 28th February 2021, in line with the UAE Cabinet’s decision in this regard.

The limit down cap was temporarily decreased to 5% in March 2020 as part of measures taken to contain markets fluctuation due to the repercussions of the COVID-19 pandemic, while the 15% limit up cap kept unchanged.

For more information, please contact us at +971 600 52 3434 or email us at enbdsccc@emiratesnbd.com

Regards,
Emirates NBD Securities LLC
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