The value of stocks sold by foreign investors during the same period reached Dhs1.291bn comprising 41.5% of the total value of stocks traded during the period. Net foreign investment on the market reached Dhs174.3m during the same period, as aggregate sell.
The value of stocks bought by institutional investors during last week reached Dhs871.76 Million comprising 28.03% of the total value of stocks traded during the period.
The value of stocks sold by institutional investors during the period reached Dhs1.173bn which constitutes 37.72% of the total value of stocks traded during the period.
Net institutional investment on the market reached Dhs301.32m during the period. as aggregate buy.
Foreign investors purchase Dhs1.117bn worth of shares on DFM during last week
Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (17 August- 21 August) reached Dhs1.117bn comprising 35.9% of the total value of stocks traded during the period.
- United Arab Emirates: Saturday, August 23 - 2008 at 10:20
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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. Following its initial public offering in November 2006, when DFM offered 1.6 billion shares, representing 20% of its paid-up capital of Dhs8bn, DFM because a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80% of DFM Company.
For further information, please contact:
Ghaleb Zeidan
ASDA'A Public Relations
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556
Posted by Siba Sami AmmariSaturday, August 23 - 2008 at 10:20 UAE local time (GMT+4)
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