Malik Salama – Mubasher: The net purchases of foreign investors in shares listed on the UAE stock markets at the end of trading last week amounted to about 682 million dirhams, equivalent to 185.74 million dollars, in conjunction with the announcement of companies listed in the markets for their half-financial results for the current year and the escalation of tensions between America and China. , predicting the outbreak of war over Taiwan.
And based on UAE financial market data, during the past week, foreign investors made purchases on Dubai and Abu Dhabi shares with a value of more than 11.98 billion dirhams, compared to sales of 11.298 billion dirhams, with a net purchase of 682 million dirhams (185.74 million dollars).
Purchases of foreign shares in the Abu Dhabi Stock Exchange amounted to 1.486 billion dirhams, and sales of 1.334 billion dirhams.
And foreigners on the Dubai Stock Exchange bought about 10.494 billion dirhams, compared to sales of about 9.964 billion dirhams, recording a net purchase of about 530.471 million dirhams.
The net purchase in the Abu Dhabi market amounted to 152.42 million dirhams, compared to the value of shares purchased in the Dubai market of 530.471 million dirhams.
It is indicated that the performance UAE stock market indices It varied during the trading week of the first week of August.
The Dubai Financial Market declined during that period by 0.6 percent, while the Abu Dhabi Stock Exchange index recorded the longest weekly series of gains in 8 months, with an increase of 2.9 percent.