Foreigners bought Dh 893.7 million shares on DFM

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Foreigners bought Dh 893.7 million shares on DFM

Foreigners bought Dh 893.7 million shares on DFM

(Dubai) – Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from August 16th to 20th, 2015, reached Dh 893.7 million, while value of stocks they sold stood at Dh 1.029 billion, with net foreign investment on the market reaching Dh 135.5 million during the period, as aggregate sell.
Value of shares bought by foreigner investors comprised 47.6 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 54.9 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 during the week reached Dh 512.4 million, comprising 27.3 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached Dh 654.2 million, representing34.9 per cent of the total value of stocks traded during the period.
Net institutional investment on the market stood at Dh 141.8 mm during the period, as aggregate sell.
(Courtesy WAM)