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Foreign investors purchase Dhs1.921bn worth of shares on DFM during the last week
- United Arab Emirates: Saturday, July 26 - 2008 at 11:28
- PRESS RELEASE
Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (July 20- July 24) reached Dhs1.921bn comprising 34% of the total value of stocks traded during the period.
Net foreign investment on the market reached Dhs148.8m during the same period, as aggregate sell.
The value of stocks bought by institutional investors during last week reached Dhs2.075bn comprising 36.7% of the total value of stocks traded during the period.
The value of stocks sold by institutional investors during the period reached Dhs1.690bn which constitutes 29.9% of the total value of stocks traded during the period.
Net institutional investment on the market reached Dhs385.5m during the period as aggregate buy.
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Notes and media contacts
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
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