Damac Properties’ shares are set to be added to Dubai Financial Market’s general index (DFMGI) and to sector indices as on February 22, lifting the number of combines included in the index to 35.

Shares of Damac have been added to the DFM General Index and Real Estate and Construction sub-index, said a statement.

The number of the outstanding shares of the company is five billion shares, while the percentage of  free float shares as per the index rules is 25 per cent, and number of shares included in the index sample is 1.25 billion shares, it added. - TradeArabia News Service