The value of stocks sold by foreign investors during the same period reached AED1.2 billion, comprising 35 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached AED353.7 million during the same period.
The value of stocks bought by institutional investors during the 4th week of June 2007, reached AED614.9 million, comprising 17.7 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached AED849.8 million, which constitutes 24.5 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached AED234.9 million during the period.
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Foreign investors purchase AED861 million worth of shares on DFM in 4th week of June 2007
- United Arab Emirates: Saturday, June 30 - 2007 at 09:35
- PRESS RELEASE
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during the 4th week of June 2007, reached AED861 million, comprising 24.8 per cent of the total value of stocks traded during the period.
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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:
Tarek Fleihan
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Posted by Lara Lynn Golden, News EditorSaturday, June 30 - 2007 at 09:35 UAE local time (GMT+4)
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