Foreign investors purchased DH2.5bn worth of shares on Dubai Financial Market

Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-U.A.E. nationals, from 24th to 28th August, 2014, reached about DH 2.5 billion, while value of stocks they sold stood at DH 4.45 bn, with net foreign investment on the market reaching DH 47.4 million during the period, as aggregate buy.
Value of shares bought by foreigner investors comprised 38.7 per cent of the total value of stocks traded during the last five days, while value of stocks sold by foreign investors during the same period represented 38 per cent of stocks traded during the period, a DFM press release said.
The value of stocks bought by institutional investors during the week reached DH 1.1 bn, comprising 17.5 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached DH 1.4 bn, representing 21 per cent of the total value of stocks traded during the period.
Net institutional investment on the market stood at DH 227 million during the period, as an aggregate buy.