Foreign stock buys hit 32.8%

Dubai: The Dubai Financial Market on Saturday said the value of shares bought by foreign investors, or non-UAE nationals, last week reached Dh1.646 billion, comprising 32.8 per cent of the total value of stocks traded during the period.

The value of stocks sold by foreign investors during the same period reached Dh2.015 billion comprising 40.1 per cent of the total value of stocks traded during the period.

Net foreign investment on the market reached Dh368.4 million during the same period, as aggregate sell. The value of stocks bought by institutional investors last week reached Dh903.8 million comprising 18 per cent of the total value of stocks traded during the period.

The value of stocks sold by institutional investors during the period reached Dh1.327 billion.