Foreign investors purchased AED 1.2b worth of shares on Dubai Financial Market
Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from 29th March to 2nd April, 2015, reached AED 1.2 billion, while value of stocks they sold stood at AED 1.1 billion, with net foreign investment on the market reaching AED 95.2 million during the period, as aggregate buy.
Value of shares bought by foreigner investors comprised 53 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 48.7 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 851.5 million, comprising 38.5 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 706.5 million, representing 31.9 per cent of the total value of stocks traded during the period.
Net institutional investment on the market stood at AED 145.1 million during the period, as an aggregate buy.
