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Foreigners buy $1bn on DFM

The Dubai Financial Market (DFM) has revealed that the value of shares and bonds bought by foreign investors last week reached just over $1bn, comprising 29.4% of the total value of stocks traded. The value of stocks sold by foreign investors during the same period amounted to around $1.1bn, representing 33% of the total value. Institutional investors bought $779.1m worth of shares, or 22.8% of the stock traded.