The value of stocks sold by foreign investors during the same period reached Dhs2.127bn comprising 42.7% of the total value of stocks traded during the period.
Net foreign investment on the market reached Dhs308.9m during the same period, as aggregate sell.
The value of stocks bought by institutional investors during last week reached Dhs1.436bn comprising 28.8% of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached Dhs1.917bn which constitutes 38.5% of the total value of stocks traded during the period. Net institutional investment on the market reached Dhs480.3m during the period as aggregate sell.
Foreign investors purchase Dhs1.818bn worth of shares on DFM during 1st week of March, and sold Dhs2.127bn
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (March 2 - March 6) reached Dhs1.818bn comprising 36.5% of the total value of stocks traded during the period.
- United Arab Emirates: Saturday, March 08 - 2008 at 10:08
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About Dubai Financial MarketDubai Financial Market (DFM) was established as a public institution having its own independent corporate body. DFM operates as a secondary market for the 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 DFM commenced operations on March 26, 2000.
For further information, please contact:
Ghaleb Zeidan
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556
Posted by Medilyn Manibo, Assistant News EditorSaturday, March 08 - 2008 at 10:08 UAE local time (GMT+4)
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