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AED 613 million in net foreign, corporate investments at UAE stocks during April
(30 April 2017)

 

Net foreign and corporate investments at UAE stock markets surged to AED 613 million during April 2017 despite the relative volatility of some stocks over the past four weeks. 

The increasing liquidity is attributable to the hike in foreign purchases, specially by non-Arabs, which hit AED 4.813 billion in April, with sales for the same period stood at AED 4.413 billion, generating AED 200 million in net investments. 

The largest share of foreign liquidity was channeled to Dubai Financial Market at AED 400 million, of which, AED 240 million were in foreign purchases. 

The first week of April was the most active, with foreign purchases valued at AED 916.83 million, accounting for 50.46 percent of total purchases. Foreign sales for the same period amounted to AED 764.24 million, or 42.07 percent of total sales, generating AED 152.58 million worth of net investments. 

In the same week, foreign companies purchased stocks worth AED 636.83 million, accounting for 35.05 percent of total trading. Foreign corporations sold AED 577.02 million worth of stocks, 31.76 percent of total trading, generating AED 59.81 million in net corporate investments. 

In the second week of the month, net foreign and corporate investments at DFM reached AED 41.5 million in purchases, 45.89 percent of which by foreigners. Foreign sales were valued at AED 644.30 million, making up to 43.44 percent of total sales, with corporate purchases hitting AED 497.41 million, accounting for 33.53 percent of total trading. Foreign sales were valued at AED 492.66 million, 33.21 percent of total trading. 

Net foreign and corporate investments over the latter two weeks of April reached AED 147 million , AED 84.8 million of which on the third week while AED.62.2 million on the last one. 



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