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DUBAI / WAM
Foreign investors purchased AED862.8 million worth of shares on the Dubai Financial Market (DFM) and sold AED880 million over the week, DFM said
on Thursday.
Net foreign investment on the market reached AED17.2 million as aggregate sale.
Value of shares bought by foreigner investors comprised 42 percent 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 percent of stocks traded during the period, a DFM press release said on the market activities for the current week.
The value of stocks bought by institutional investors reached AED556.2 million comprising 27 percent of the total value of stocks traded. The value of stocks sold by institutional investors during the period reached AED565 million which constitutes 27.5 percent of the total value of stocks traded during the week.
Net institutional investment on the market stood at AED8.9 million during the period, as aggregate sale.