Dubai Financial Market Draws more Investment

Foreign investors are stepping up their activities on the Dubai stock market. The value of shares and bonds bought by foreign investors or non-UAE nationals, during last week (September 23 to 27) has reached Dh1.570 billion (0.427 billion).

It comprises 35.2 per cent of the total value of stocks traded at the Dubai Financial Market during the period.

The value of stocks sold by foreign investors during the same period reached Dh1.183 billion comprising 26.5 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached Dh 387.1 million during the same period, as aggregate buy.

The value of stocks bought by institutional investors during last week reached Dh1.268 billion comprising 28.4 per cent of the total value of stocks traded during the period.

The value of stocks sold by institutional investors during the period reached Dh 903.4 million which constitutes 20.2 per cent of the total value of stocks traded during the period.

Net institutional investment on the market reached Dh364.5 million during the period as aggregate buy. – TradeArabia News Service