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DUBAI / WAM
Dubai Financial Market (DFM)
announced that the value of shares bought by foreign investors, or non-UAE nationals, this week reached about AED2.62 billion, while value of stocks they sold stood at AED2.64 billion, with net foreign investment on the market reaching AED14.1 million during the period, as aggregate sell.
Value of shares bought by foreigner investors comprised 41.9 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 42.1 per cent of stocks traded during the period, a DFM press release said on the market activities over the week.
The value of stocks bought by institutional investors during the week reached AED1.5 bn, comprising 23.4 percent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached AED1.2 bn, representing 19.8 percent of the total value of stocks traded during the period.
Net institutional investment on the market stood at about AED223.6 million during the period, as an aggregate buy.