Middle East 5

Foreign investors buy Dh2.47b worth shares on DFM

Dubai Financial Market announced yesterday that the value of shares bought by foreign investors, or non-UAE nationals, during last week (May 04- May 08) reached Dh2.470 billion comprising 29.4 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 Dh2.084 billion comprising 24.8 per cent of the total value of stocks traded during the period. Net foreign investment on the market reached Dh386 million during the same period, as aggregate buy.

The value of stocks bought by institutional investors during last week reached Dh1.963 billion comprising 23.4 per cent of the total value of stocks traded during the period. /Khaleej Times/

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