Foreign investors purchase AED 1.8 bln shares on DFM

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Foreign investors purchase AED 1.8 bln shares on DFM

Foreign investors purchase AED 1.8 bln shares on DFM

(Dubai) – Foreign investors purchased AED 1.8 billion worth of shares on Dubai Financial Market (DFM) and sold AED 1.6 billion over the week, DFM said in a press release.
Net foreign investment on the market reached AED 142 million, as aggregate buy.
Value of shares bought by foreigner investors comprised 46.5 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 42.8 per cent of stocks traded during the period, a DFM press release said on the market activities over the past five days.
The value of stocks bought by institutional investors reached AED 844.4 million comprising 22.3 per cent of the total value of stocks traded. The value of stocks sold by institutional investors during the period reached AED 756.4 million which constitutes 20 per cent of the total value of stocks traded during the trading period.
Net institutional investment on the market stood at AED 88 million during the period, as aggregate buy.
(Courtesy WAM)