The value of stocks sold by foreign investors during the same period reached AED 1.6 billion comprising 51.4 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached AED 663.6 million during the same period.
The value of stocks bought by institutional investors during last week reached AED 671 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 AED 1.4 billion which constitutes 45.6 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached AED 724.7 million during the period.
Foreign investors purchase AED 906.9 million worth of shares on DFM during last week
Dubai Financial Market announced today that the value of shares and bonds bought by foreign investors, or non-UAE nationals, during last week (August 12 - August 16) reached AED 906.9 million comprising 29.7 per cent of the total value of stocks traded during the period.
- United Arab Emirates: Saturday, August 18 - 2007 at 09:11
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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, August 18 - 2007 at 09:11 UAE local time (GMT+4)
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