The value of stocks sold by foreign investors during the same period reached AED742.3 million, comprising 22.4 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached AED152.5 million during the same period.
The value of stocks bought by institutional investors during the 1st week of July 2007, reached AED722.1 million, comprising 22 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached AED441.4 million, which constitutes 13.3 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached AED280.8 million during the period.
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Foreign investors purchase AED895 million worth of shares on DFM in 1st week of July 2007
- United Arab Emirates: Saturday, July 07 - 2007 at 09:09
- PRESS RELEASE
Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during the 1st week of July 2007, reached AED895 million, comprising 27 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, July 07 - 2007 at 09:09 UAE local time (GMT+4)
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