Foreign investors purchased AED 2.2bn worth of shares on Dubai Financial Market over the week

Dubai, 6th February, 2015 (WAM) – Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from February 1 to 5, reached AED 2.2 billion, while value of stocks they sold stood at AED 1.3 billion, with net foreign investment on the market reaching AED 193.6 million during the period, as aggregate sell.

Value of shares bought by foreigner investors comprised 47.4 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 51.6 per cent of stocks traded during the period, a DFM press release said on the market activities over the last week.

The value of stocks bought by institutional investors during the week reached AED 1.3 billion, comprising 27.8 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 1.4 billion, representing 29.3 per cent of the total value of stocks traded during the period.

Net institutional investment on the market stood at AED 68.7 million during the period, as an aggregate sell.

WAMtfaham

SOURCE: Wam