The value of stocks sold by foreign investors during the same period reached AED3.5 billion, comprising 26.5 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached AED473 million during the same period.
The value of stocks bought by institutional investors during the 4th week of May 2007, reached AED2.7 billion, comprising 20.8 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached AED2.1 billion, which constitutes 16.3 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached AED594 million during the period.
Foreign investors purchase AED4 billion worth of shares on DFM in 4th week of May 2007
Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during the 4th week of May 2007, reached AED4 billion, comprising 30.1 per cent of the total value of stocks traded during the period.
- United Arab Emirates: Saturday, June 02 - 2007 at 09:42
- PRESS RELEASE
- ADD ARTICLE TO
-
Facebook
del.icio.us
Digg
Log in to request more information from Dubai Financial Market (DFM)Notes and media contacts
About Dubai Financial MarketDubai Financial Market was established as a public institution having its own independent corporate body. DFM is operating as a secondary market for trading of securities issued by public shareholding companies, bonds issued by the Federal Government or any of the Local Governments and public institutions in the country, units of investment funds and any other financial instruments, local or foreign, which are accepted by the Market. The Market commenced operations on 26th March 2000.
For further information, please contact:
Nicholas Nesson / Tarek Fleihan
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Posted by Lara Lynn Golden, News EditorSaturday, June 02 - 2007 at 09:42 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Index : Company News : Dubai Financial Market (DFM)
Browse related articles
Browse related articlesToday's most read articles:
Disclaimer:
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
Web Feeds