April 28, 2024

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Value of shares bought by foreign investors on Dubai Financial Market at AED 4.2 bn

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Dubai Financial Market (DFM)
Dubai Financial Market (DFM)

Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors from June 29 to July 3 rose to AED 4.23 billion, while value of stocks they sold stood at AED 3.8 bn, with net foreign investment on the market reaching AED 814.9 million during the period, as aggregate buy.

The value of stocks sold by foreign investors over the last five days comprised 45.1 per cent of the total value of stocks traded during the period, while value of stocks sold by foreign investors represented 40.6 per cent of stocks traded during the period, a DFM press release said.

The value of stocks bought by institutional investors during last week reached AED 2.47 billion comprising 26.4 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 2.27 billion which constituted 24.2 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached AED 203.8 million during the period, as aggregate buy.

Source : WAM News Agency for United Arab Emirates

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