Dubai Financial Market announced today that the value of shares bought by foreign investors, or non-UAE nationals, during last week (March 15 - March 19) reached Dhs803.3m comprising 36.8% of the total value of stocks traded during the period.
The value of stocks sold by foreign investors during the same period reached Dhs888m comprising 40.7% of the total value of stocks traded during the period. Net foreign investment on the market reached Dhs84.8m during the same period, as aggregate sell.
The value of stocks bought by institutional investors during last week reached Dhs499.1m comprising 22.9% of the total value of stocks traded during the period.
The value of stocks sold by institutional investors during the period reached Dhs413.8m which constitutes 19% of the total value of stocks traded during the period. Net institutional investment on the market reached Dhs85.3m during the period.
The pair was likely to find support at 1.2570, Tuesday's low, and resistance at 1
EUR/GBP A Reliable Short Term Put
The Euro has been falling steadily against the Pound since early in the month. While there have been minor gains, they have consistently been lost within a day. However, the pair is unlikely to fall
Monthly Forex Preview for October 2014
The month of September saw the Central Banks take center stage across the board and also saw quite a bit of Central bank intervention in the currency markets, especially the Australian and the New Ze