Foreigners purchase shares worth AED 935.5 mn on Dubai Financial Market

Foreign investors purchased AED 935.5 million worth of shares on Dubai Financial Market (DFM) and sold AED 821.8 million over the week, DFM said today in a press release.

Net foreign investment on the market reached AED 113.7 million, 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 44.9 per cent of stocks traded during the period, a DFM press release said on the market activities over the past four days.

The value of stocks bought by institutional investors reached AED 627.6 million comprising 34.3 per cent of the total value of stocks traded. The value of stocks sold by institutional investors during the period reached AED 433.9 million which constitutes 23.7 per cent of the total value of stocks traded during the three-day trading period.

Net institutional investment on the market stood at AED 193.6 million during the period, as aggregate buy.
Source:WAM