Foreigners purchase shares worth Dh1.75b

Dubai: Foreign investors purchased Dh1.75 billion worth of shares on Dubai Financial Market (DFM) last week (September 7 to 11) and sold Dh2.466 billion in the same period, DFM said yesterday in a press release.

The value of stocks sold by foreign investors during the same period reached Dh2.466 billion.

Net foreign investment on the market reached Dh714.5 million, as aggregate sell.

The value of stocks bought by institutional investors reached Dh1.342 billion comprising 26.1 per cent of the total value of stocks traded.

The value of stocks sold by institutional investors during the period reached Dh2.166 billion which constitutes 42.1 per cent of the total value of stocks traded during the period.