Foreign investors are buying UAE shares for $13.2 million at the end of Tuesday’s session

2023-07-11 12:52:04

Malik Salameh – directThe net purchase of foreign shares in the UAE financial markets during trading today, Tuesday, reached a value of 48.43 million dirhams, equivalent to 13.2 million dollars.

Foreign investors carried out purchases on Dubai and Abu Dhabi shares, at a value that exceeded 386.401 million dirhams, or regarding $105.28 million, compared to sales of 337.972 million dirhams, equivalent to $92.09 million, with a net purchase of 48.43 million dirhams, according to UAE financial markets data.

The value of foreign purchases of shares in the Abu Dhabi Securities Market amounted to regarding 212.475 million dirhams, compared to sales of regarding 194.147 million dirhams.

The value of foreign purchases on the Dubai Stock Exchange amounted to regarding 173.926 million dirhams, compared to sales of regarding 143.825 million dirhams.

The net purchase of foreign shares in the Abu Dhabi market amounted to 18.327 million dirhams, compared to a net purchase in the Dubai market of 30.101 million dirhams.

It is noteworthy that the UAE financial market indices rose at the end of trading today, Tuesday, amid investors’ anticipation of the release of inflation data in the United States, and fears of raising the federal interest rate once more.

And the Abu Dhabi Stock Exchange recorded gains amounting to one billion dirhams, equivalent to 272 million dollars.

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