São Paulo – Foreign investors purchased roughly 1.2 billion dirhams (USD 326.67 million) worth of shares in the Dubai Financial Market (DFM) this week, the Emirates News Agency (WAM) reported this Thursday (18). In the United Arab Emirates, the business week lasts from Sunday to Thursday.
Foreign investors sold some 1.1 billion dirhams (USD 299.45 million) in shares at the DFM. The resulting foreign investment surplus was 118.9 million dirhams (USD 32.37 million).
According to WAM, foreigners accounted for 50.2% of all purchases during the week, and for 45.3% of total share sales.
*Translated by Gabriel Pomerancblum
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