Feb 6 Dubai Financial Market (DFM), the
Gulf's only listed stock exchange, reported a 406 percent jump
in fourth-quarter net profit on Monday.
* Net profit of 78.5 million dirhams ($21.4 million) in the
three months to Dec. 31, up from 15.5 million dirhams a year
earlier, it said in a statement.
* Quarterly revenue increased to 131.2 million dirhams from
69.3 million dirhams.
* For full-year 2016 the company posted net profit of 253.5
million dirhams, down from 261 million dirhams in 2015.
* Trading value on the market dropped 12 percent to 133
billion dirhams in 2016, with the company citing low oil prices
and volatility in international markets.
(Reporting by Andrew Torchia; Editing by David Goodman)