UAE- Foreigners bought AED 893.7 mn shares on DFM in a week

8/21/2015 3:37:20 AM

(MENAFN- Emirates News Agency (WAM))

Dubai 20th August 2015 (WAM) -- Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors or non-UAE nationals from August 16th to 20th 2015 reached AED 893.7 million while value of stocks they sold stood at AED 1.029 billion with net foreign investment on the market reaching AED 135.5 million during the period as aggregate sell.

Value of shares bought by foreigner investors comprised 47.6 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 54.9 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 512.4 mn comprising 27.3 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 654.2 mn representing34.9 per cent of the total value of stocks traded during the period.

Net institutional investment on the market stood at AED 141.8 mm during the period as aggregate sell.

WAM/tfaham

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