Foreign investors buy Dh1.7bn worth shares on DFM

Net foreign investment on the market reaching Dh39.6m during the period (Supplied)

Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-UAE nationals, from January 4 to 8, reached about Dh1.75 billion, while value of stocks they sold stood at Dh1.71bn, with net foreign investment on the market reaching Dh39.6 million during the period, as aggregate buy.

Value of shares bought by foreigner investors comprised 51.1 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 49.9 per cent of stocks traded during the period, a DFM press release said on the market activities over the week.

The value of stocks bought by institutional investors during the week reached Dh1.22bn, comprising 29.8 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached Dh1.24bn, representing 29.9 per cent of the total value of stocks traded during the period.
 

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