The value of stocks sold by foreign investors during the same period reached Dhs1.408bn comprising 37.0% of the total value of stocks traded during the period. Net foreign investment on the market reached Dhs16.0m during the same period, as aggregate buy.
The value of stocks bought by institutional investors during last week reached Dhs1.381bn comprising 36.2% of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached Dhs1.188bn which constitutes 31.2% of the total value of stocks traded during the period. Net institutional investment on the market reached Dhs193.3m during the period. as aggregate buy.
Foreign investors purchase Dhs1.424bn worth of shares on DFM during the last week, and sold Dhs1.408bn
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (May 18- May 22) reached Dhs1.424bn comprising 37.4% of the total value of stocks traded during the period.
- United Arab Emirates: Saturday, May 24 - 2008 at 10:23
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About Dubai Financial Market: Dubai 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 Anne-Birte Stensgaard, Senior News EditorSaturday, May 24 - 2008 at 10:23 UAE local time (GMT+4)
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