Business | Markets

Value of shares bought by foreign investors on Dubai Financial Market hits record high in four years

The value of stocks they sold during the same period reached Dh1.308b

  • WAM
  • Published: 19:11 July 20, 2013
  • Gulf News

Dubai: Dubai Financial Market (DFM) announced today that the value of shares bought by foreign investors during last week (July 14 -18) hit the highest in four years, a record. It surged to Dh1.345 billion, comprising 39.5 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 Dh1.308 billion comprising 38.5 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached Dh35.4 million during the same period, as aggregate buy.

The value of stocks bought by institutional investors during last week reached AED 741.2 million comprising 21.8 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached Dh646 million which constituted 19 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached Dh95.2 million during the period, as aggregate buy.

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