Hossam Abdelnaby (Abu Dhabi)
Foreign investors continued their purchases in the local stock markets, bringing their net transactions in yesterday’s trading session to 41.32 million dirhams as a result of purchases, including net purchases in the Dubai Financial Market of about 39.35 million dirhams and 1.97 million dirhams net purchases in the Abu Dhabi Securities Market.
Financial institutions made purchases in the capital market, bringing their net purchase transactions yesterday to about 32.95 million dirhams. The market value of shares traded in the Abu Dhabi market reached 2.876 trillion dirhams, and exceeded 701.59 billion dirhams for Dubai stocks, an increase of 3.71 billion dirhams from the end of last week.
Yesterday, local stock markets attracted liquidity exceeding 1.618 billion dirhams, including 1.1 billion dirhams in Abu Dhabi market trades and 512 million dirhams in Dubai market.
Abu Dhabi Market
According to Abu Dhabi Securities Market data, the market index recorded a slight decrease yesterday by 0.129% at the level of 9836.69 points. The total trading value exceeded 1.106 billion dirhams, including more than 202.56 million shares through 13,963 deals.
The shares of 32 companies out of 69 companies whose shares were traded rose, the shares of 29 companies fell, and the shares of 8 companies remained stable.
With regard to foreign investment in the Abu Dhabi market, the total value of purchases of shares by non-Emirati foreigners amounted to about 280.75 million dirhams, compared to sales worth 278.77 million dirhams, bringing the net foreign investment to about 1.97 million dirhams as a result of “purchase”.
Purchasing transactions from financial institutions increased over selling transactions, reaching 754.44 million dirhams, compared to sales worth 721.48 million dirhams, so that the total “purchase” amounted to about 32.95 million dirhams.
The total trading value in the Dubai Financial Market at the close of trading yesterday amounted to 511.95 million dirhams, after 133.67 million shares were traded, through the implementation of 8,835 transactions.
The general market index closed at a new high of 13.51 points, or 0.32%, to reach 4182 points, after the shares of 17 companies rose, compared to the decline of the shares of 19 companies, and the shares of 3 companies remained stable.
With regard to foreign investment in the Dubai Financial Market, the total value of non-Emirati foreigners’ purchases of shares amounted to about 303.51 million dirhams, while the total value of their sales amounted to 264.16 million dirhams, bringing the net foreign investment to about 39.35 million dirhams as a result of “purchase.” The total number of financial institutions’ transactions amounted to “sell” at 54.94 million dirhams, after purchases of shares worth 337.54 million dirhams and sales transactions worth 392.49 million dirhams.
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