Foreigners purchase shares worth AED 810.3mn on DFM

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Foreigners purchase shares worth AED 810.3mn on DFM

Foreigners purchase shares worth AED 810.3mn on DFM

(Dubai) – Foreign investors purchased AED 810.3 million worth of shares on Dubai Financial Market (DFM) from 27th to 31st December and sold AED 923.1 million in the same period, DFM said.
Net foreign investment on the market reached AED 112.8 million, as aggregate sell.
Value of shares bought by foreigner investors comprised 42.9 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 48.8 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 during the week reached AED 351.2 mn, comprising 18.6 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 378.7 mn, representing 20 per cent of the total value of stocks traded during the period.
Net institutional investment on the market stood at AED 17.4 mn during the period, as aggregate sell.
(Courtesy WAM)