Published On: Sat, Jan 10th, 2015

Foreign investors purchased AED 1.7 bn worth of shares on Dubai Financial Market

Dubai Financial Market ''DFM''

Dubai Financial Market ”DFM”

Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from January 4 to 8, reached about AED 1.75 billion, while value of stocks they sold stood at AED 1.71 billion, with net foreign investment on the market reaching AED 39.6 million during the period, as aggregate buy.

Value of shares bought by foreigner investors comprised 51.1 per cent of the total value of stocks traded during the last five days, while value of stocks sold by foreign investors during the same period represented 49.9 per cent of stocks traded during the period, a DFM press release said on the market activities over the week.

The value of stocks bought by institutional investors during the week reached AED 1.22 bn, comprising 29.8 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached AED 1.24 bn, representing 29.9 per cent of the total value of stocks traded during the period.

Source : WAM News Agency for United Arab Emirates

About the Author

Web Development CompanyTechyPros