Foreign investors net DFM sellers by AED 46.91 mln

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Non-Arab foreign investors bought shares at a total value of approx. AED 151.45 million on Dubai Financial Market (DFM) today and sold stocks amounting to almost AED 165.88 million.

Non-GCC Arabs purchased stocks worth AED 218.37 million, compared to about AED 242.94 million worth of sell transactions.

GCC traders bought shares at a value totaling AED 58.71 million, while their sell transactions reached nearly AED 66.63 million.

Accordingly, non-UAE foreign investors purchased shares at a total value of approx. AED 428.53 million, or 40.12% of total purchase trades. Meanwhile, their sell transactions totaled about AED 475.44 million, representing 44.51% of total sell trades.

Consequently, foreign investment netted approx. AED 46.91 million as a sell turnover.

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