Foreign investors purchased AED1.1bn worth of shares on DFM
Dubai Financial Market (DFM) announced that the value of shares bought by foreign investors, or non-U.A.E. nationals, from 17th to 21st August, 2014, reached about AED 1.137 billion, while value of stocks they sold stood at AED 1.082 bn, with net foreign investment on the market reaching AED 55.1 million during the period, as aggregate buy.
DFM rises 1.07% to end week with 1.96% gains
The Dubai Financial Market (DFM) index rose 1.07% on Thursday to reach 4,907.55 and approach the 5,000 resistance level, ending the week with a total gain of 1.96%. Meanwhile, the Abu Dhabi Securities Exchange (ADX) general index fell 0.07 per cent to reach 5,051.27.
UAE bourses move slowly as trade values drop
The UAE bourses showed signs of slow movement on Wednesday, as the Dubai Financial Market (DFM) index went up 0.08 per cent to reach 4,855.73, and the Abu Dhabi Securities Exchange (ADX) general index crawled up 0.03 per cent to reach 5,055.06.