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Monday, November 23 - 2009

Foreign investors purchase Dhs1.392bn worth of shares on DFM during the last week

  • United Arab Emirates: Saturday, November 01 - 2008 at 11:25
  • PRESS RELEASE

Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (October 26 - October 30) reached Dhs1.392bn comprising 35% of the total value of stocks traded during the period.

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The value of stocks sold by foreign investors during the same period reached Dhs1.628bn comprising 41% of the total value of stocks traded during the period.

Net foreign investment on the market reached Dhs235.2m during the same period, as aggregate sell.

The value of stocks bought by institutional investors during last week reached Dhs689.4m comprising 17.3% of the total value of stocks traded during the period.

The value of stocks sold by institutional investors during the period reached Dhs1.135bn which constitutes 28.6% of the total value of stocks traded during the period.

Net institutional investment on the market reached Dhs445.9m during the period. as aggregate sell.
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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. Following its initial public offering in November 2006, when DFM offered 1.6bn shares, representing 20% of its paid-up capital of Dhs8bn, DFM became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80% of DFM Company.

For further information about DFM, please contact:

Ghaleb Zeidan
ASDA'A Burson-Marsteller
Dubai, UAE
Fax: +971-4-3344556

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