Foreign investors purchase AED1.6 bn worth of shares on DFM

Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during the 1st week of June 2007, reached AED1.599 billion, comprising 32.1 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 AED1.613 billion, comprising 32.3 per cent of the total value of stocks traded during the period. The value of stocks bought by institutional investors during the 1st week of June 2007, reached AED1.185 billion, comprising 23.8 per cent of the total value of stocks traded during the period. The value of stocks sold by institutional investors during the period reached AED1.198 billion, which constitutes 24 per cent of the total value of stocks traded during the period. Source