Foreign investors rush back to Dubai stock: Buy Dhs3bn shares in a week

Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from 30th March to 3rd April, 2014, reached Dhs 3.069 billion, while value of stocks they sold stood at Dhs 3.056bn, with net foreign investment on the market reaching Dhs 13.7 million during the period, as aggregate buy.

Value of shares bought by foreigner investors comprised 34 per cent of the total value of stocks traded during the period, while value of stocks sold by foreign investors during the same period represented 33.9 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 Dhs 2.29 bn, comprising 25.4 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached Dhs 2.26 bn, representing 25.1 per cent of the total value of stocks traded during the period.

Net institutional investment on the market reached Dhs 33.1 million during the period, as an aggregate buy.