The value of stocks sold by foreign investors during the same period reached Dhs1.220bn comprising 38.2% of the total value of stocks traded during the period. Net foreign investment on the market reached Dhs64.3m during the same period, as aggregate sell.
The value of stocks bought by institutional investors during last week reached Dhs719.9m comprising 22.5% of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached Dhs871.9m which constitutes 27.3% of the total value of stocks traded during the period. Net institutional investment on the market reached Dhs152m during the period. as aggregate sell.
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Foreign investors purchase Dhs1.156bn worth of shares on DFM during last week
- United Arab Emirates: Saturday, November 08 - 2008 at 11:02
- PRESS RELEASE
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Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (November 2 - November 6) reached Dhs1.156bn comprising 36.2% of the total value of stocks traded during the period.
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Posted by Siba Sami AmmariSaturday, November 08 - 2008 at 11:02 UAE local time (GMT+4)
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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 became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80% of DFM Company.
For further information, please contact:
Mohammed Daggamseh
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556
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 became a public joint stock company. Following the IPO, the Government of Dubai retained the remaining 80% of DFM Company.
For further information, please contact:
Mohammed Daggamseh
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: +971-4-3355969
Fax: +971-4-3344556
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