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Foreigners buy $379m shares on DFM

Dubai, November 1, 2008

The Dubai Financial Market said that foreign investors had bought shares worth Dh1.39 billion ($379 million) last week (October 26 - October 30), comprising 35 per cent of the total value of stocks traded during the period.

The value of stocks sold by foreign investors during the same period reached Dh1.628 billion comprising 41 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached Dh235.2 million during the same period, as aggregate sell.

The value of stocks bought by institutional investors during last week reached Dh689.4 million, comprising 17.3 per cent of the total value of stocks traded during the period.

The value of stocks sold by institutional investors during the period reached Dh1.135 billion which constitutes 28.6 per cent of the total value of stocks traded during the period. Net institutional investment on the market reached Dh445.9 million during the period. as aggregate sell. - TradeArabia News Service




Tags: DFM | foreign investors | institutional investors |

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