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Reinstates the 10% limit down on prices of listed securities as of 28^th 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 28^th 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.

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Regards,
Emirates NBD Securities LLC