DFM foreign investment hits Dh32.2m

Net foreign investment on the Dubai Financial Market, or DFM, over the last week reached Dh32.2 million as aggregate buy. A DFM Press release said the value of shares bought by foreign investors, or non-UAE nationals, during the July 1-5 week stood at Dh347.6 million, comprising 49.9 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 Dh315.3 million, comprising 45.3 per cent of the total value of stocks. Stocks bought by institutional investors during last week reached Dh172.3 million (24.7 per cent), while stocks sold by institutional investors were at Dh61.3 million (8.8 per cent). Net institutional investment was valued at Dh111 million during the period, as aggregate sell. From khaleejtimes