Dubai Financial Market | SHUAA Capital | SHUAA Q1 2021 profit hits 10-year high with significant business momentum across the platform

 

SHUAA Q1 2021 profit hits 10-year high with significant business momentum across the platform


§ Q1 profits hit 10-year high for both net profit attributable to shareholders of AED 25 million and operating income of AED 45 million, as SHUAA responds
effectively to the impact of the pandemic and the economic environment


§ Q1 2021 EBITDA generation also strong at AED 75 million, following record profits in Asset Management

§ Revenues of AED 102 million showed a 42% increase year-on-year, highlighting underlying strength in recurring business


§ Cost discipline maintained with cost-income ratio of 55% for Q1 2021 in line with medium-term target


§ Strong start to the year with several landmark transactions including Anghami and Pure Harvest


§ Continued focus on execution of strategic agenda, with enhanced value proposition post-integration and a strong pipeline of new funds and deals driving momentum 

Press release regarding financial results for the 1st QTR of 2021

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,263.96 0.1 1,225,966,878
Dubai 4,232.94 0.03 325,821,692
Saudi 12,565.89 0.33 10,538,287,961
Kuwait 8,081.99 0.1 59,404,228
Qatar 9,943.61 0.14 468,363,576
Muscat 4,673.13 0.8 3,299,061
Bahrain 2,055.96 0.6 880,206
Egypt 27,559.35 2.36 1,817,550,644
Amman 2,457.97 0.56 3,690,622
Palestine 542.99 0.03 312,031

Commodities

Name Last update Closing Price Change %
Brent Mar-28 87.48 1.61
Natural Gas Mar-28 1.76 2.62
Gold Mar-28 2,238.40 1.16
Silver Mar-28 24.92 0.66
Platinum Mar-28 921.10 1.25
Nymex Light Mar-28 83.17 2.24

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 39,763.70 39,807.37 0.12
Nasdaq 16,446.80 16,379.46 0.12
S&P 500 5,248.03 5,254.35 0.11
Name Opening price Closing Price Change%
Frankfurt 18,477.40 18,492.49 0.08
Paris 8,216.77 8,205.81 0.01
London 7,931.98 7,952.62 0.26
Stockholm 969.74 963.34 0.81
Switzerland 11,732.83 11,730.43 0.21
Name Opening price Closing Price Change%
Shanghai 2,988.59 3,010.66 0.59
Hong Kong 16,378.40 16,541.42 0.91
Jakarta 7,289.22 7,288.81 0.29
Tokyo 40,324.42 40,168.07 1.46

Currency

Name Rate Last update
EURO/USD 1.079 Mar-28
GBP/USD 1.262 Mar-28
USD/JPY 151.390 Mar-28
USD/CHF 0.902 Mar-28