DUBAI Nov 3 Dubai Financial Market Co's
third-quarter net loss narrowed to 1.7 million dirhams
($463,000) from 9.3 million in the same period last year, the
company said on Saturday, citing increased trading activity.
The publicly owned company, which runs securities trading in
Dubai, said its third-quarter revenue grew to 36.8 million
dirhams, compared to 31.7 million dirhams a year ago in an
Its net profits for the first nine months of 2012 more than
quadrupled to 38.9 million dirhams compared to last year, the
company said, citing new income from its margin trading
The third quarter included Ramadan and the Eid al-Fitr
holiday in the Gulf when business is slower.
(Reporting By Angus McDowall; editing by Patrick Graham)